Search found 165 matches

by bhzmark
Thu Jan 12, 2017 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 77
Views: 14457

Re: Charles Schwab Checking + Brokerage Account

Has anyone regularly used the overdraft feature on the checking acct to essentially keep zero money in the checking acct, and just pull it from the brokerage account through overdraft as needed? So checks are paid from cash if available or perhaps more often from margin? That seems like a good cash ...
by bhzmark
Thu Dec 22, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 77
Views: 14457

Re: Charles Schwab Checking + Brokerage Account

Has anyone regularly used the overdraft feature on the checking acct to essentially keep zero money in the checking acct, and just pull it from the brokerage account through overdraft as needed? So it is either from cash or from margin? That seems like a good cash management structure if they don't ...
by bhzmark
Sun May 27, 2012 5:06 am
Forum: Personal Finance (Not Investing)
Topic: To those w/ grown children, do you feel they learned more ..
Replies: 21
Views: 2310

Re: To those w/ grown children, do you feel they learned mor

The best thing is to give kids an allowance and let them make money mistakes early and often with small amounts when they are young. let them try to save, and then piss it away on something stupid, and then not have the money for something they really need, and continually learn the lessons of delay...
by bhzmark
Sun May 27, 2012 4:35 am
Forum: Personal Finance (Not Investing)
Topic: Help with my Settlement for being Rear-Ended
Replies: 27
Views: 4516

Re: Help with my Settlement for being Rear-Ended

I can't claim diminish value as my compact is now ~10 years old. Let me guess: the insurance company told you this right? Nonsense. Your car is worth less because their insured hit it and they need to pay the difference in value. Research diminished value on theintertubes more and make a claim for ...
by bhzmark
Sun Mar 04, 2012 1:20 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3426

Re: Toyota Prius Info

Green technology is just too expensive, and the technology is still in its infancy. People who write things like that obviously have no experience or knowledge of the technology. The hybrid and regenerative brake technology is well proven. Prius cabs go hundreds of thousands of miles with only rout...
by bhzmark
Sun Mar 04, 2012 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off low interest student loans early -- a mistake?
Replies: 71
Views: 15892

Re: Paying off low interest student loans early -- a mistake

For anyone who's interested I thought I'd give a followup to this post (4 years later) I ended up paying off all my loans and was very happy with the decision. I'm now looking at getting a 15 year mortgage and it looks like the interest rate is 2.75% which in my situation would be equivalent to 1.8...
by bhzmark
Sun Dec 11, 2011 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: self-employed tax sheltered options: SEP Simple Solo 401k
Replies: 10
Views: 2132

Re: self-employed tax sheltered options: SEP Simple Solo 401

I was in your situation several years ago and decided the solo 401k was the best. First, if your goal is to defer as much tax as possible, open a self employed 401k and do so BEFORE the end of the calendar year. You will very likely be able to make contributions for 2011 if you have self employed e...
by bhzmark
Sun Dec 11, 2011 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: self-employed tax sheltered options: SEP Simple Solo 401k
Replies: 10
Views: 2132

Re: self-employed tax sheltered options: SEP Simple Solo 401

IRA's of all types are not a tax shelter, only a tax defferal insturment. In other words, taxes have to paid eventully. The IRS eliminated tax shelters back in the 90's. Just thought it might be helful for you to know this, and get the language right on the bogleheads forum. "Tax sheltered&quo...
by bhzmark
Sun Dec 11, 2011 11:35 am
Forum: Personal Finance (Not Investing)
Topic: self-employed tax sheltered options: SEP Simple Solo 401k
Replies: 10
Views: 2132

self-employed tax sheltered options: SEP Simple Solo 401k

As a W-2 wage earner I previously used an employer 401k (max contribution ~$16,000) and nondeductible contributions (~max $5,000) to a traditional IRA, which I then converted to a Backdoor Roth IRA as my main sheltered investment options. and I moved all my prior deductible IRA contributions into my...
by bhzmark
Mon Apr 18, 2011 10:15 pm
Forum: Investing - Theory, News & General
Topic: Betterment, startup provides stock/bond mix for savers
Replies: 5
Views: 1979

also "The Problem with Picking a Picker: Active Management is a Losing Game Now, you may be thinking, what if I find a certifiably brilliant stock picker and put my money with her? While there may be some brilliant stock pickers out there, it’s just as hard to pick a good picker as it is to pic...
by bhzmark
Mon Apr 18, 2011 10:14 pm
Forum: Investing - Theory, News & General
Topic: Betterment, startup provides stock/bond mix for savers
Replies: 5
Views: 1979

it looks interesting. they say "On the stock side, we’ve selected a basket of ETFs designed to represent the broad United States market. We took a multi-step approach to this selection process. First, we defined our target, which is the total US market with a slight tilt towards two subsections...
by bhzmark
Sun Feb 20, 2011 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: How risky to have savings more than $250k FDIC limit?
Replies: 35
Views: 5690

Too many banks have gone under - stay within FDIC limits. A bank being taken over by FDIC and people losing account value over the limits are very different. Is there any case of deposits being lost over the limit in the recent closings? I thought that usually another bank just takes the accounts o...
by bhzmark
Sun Feb 13, 2011 12:29 pm
Forum: Personal Consumer Issues
Topic: Quality Computer Monitor
Replies: 14
Views: 2532

A great IPS screen is the HP ZR24w. (or its newer update if that is out yet) IPS is better than anything else that is reasonably priced.
by bhzmark
Tue Jan 18, 2011 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why rebalance?
Replies: 90
Views: 7514

A Daryanani article on rebalancing is available here: m and m This looked at various rebalancing strategies during 1992-2004 (a period that included significant up, down and flat markets) and found that the best rebalancing benefit (only 40-50 bp) came from a rebalancing strategy that: * checks the ...
by bhzmark
Tue Jan 18, 2011 11:21 am
Forum: Investing - Theory, News & General
Topic: WSJ - "Do You Need a Chinese Bank Account?"
Replies: 41
Views: 6655

And he implicitly acknowledges that this is speculation, because if it is not going to earn more interest, the only way it can earn a return is by speculative gain, which is a zero-sum game between you and someone on the other side of the trade. . . . Put your cash in the bank. The one down the str...
by bhzmark
Fri Dec 03, 2010 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Where to park cash in Schwab?
Replies: 17
Views: 3997

Schwab has several cash investment alternatives. m And those options are: Schwab Bank High Yield [sic!] Investor Checking™ (FDIC-insured) 0.25% variable APY1 (as of 10/01/2010) Schwab Investor Money Fund® (SW2XX) 0.01% effective yield 0.01% 7-day yield as of 12/01/2010 Schwab AMT Tax-Free Money Fun...
by bhzmark
Mon Nov 22, 2010 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Where to park cash in Schwab?
Replies: 17
Views: 3997

Where to park cash in Schwab?

Schwab just lowered their investor checking to .25%. Is there a better place to park cash in Schwab? I'm tempted to go back to Citi with their .7% ultimate savings acct, but I like having everything (brokerage and checking) in one place.
by bhzmark
Mon Jul 26, 2010 12:55 pm
Forum: Investing - Theory, News & General
Topic: Dodd-Frank creates logjam for certain bond issuers
Replies: 25
Views: 3416

Problem is Reg AB requires that any ratings requirements be disclosed in offering materials, which directly conflicts with the financial reform bill passed into law. No reason for the agencies to take any additional liability. The only real option was to modify the Reg AB requirements, in this case...
by bhzmark
Mon Jul 26, 2010 8:31 am
Forum: Investing - Theory, News & General
Topic: Bill Gross and Pimco get into equities
Replies: 6
Views: 2458

Bill Gross and Pimco get into equities

m Highlights: Pimco, which has been synonymous with bonds for almost four decades, is taking another run at equities. Driving Pimco's move into equities is its chief executive, Mohamed El-Erian, who says the global economy is entering a period of fundamental transformation he calls the "new nor...
by bhzmark
Tue Jun 22, 2010 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: anyone here use options?
Replies: 3
Views: 584

Re: anyone here use options?

Here is my deal: 1. Signed a pretty decent order with a publically traded company in which the commission is significant (not huge, but pretty good). 2. The commission is not paid until the bill is paid. There are separate billings by time, not all at once. 3. The company is in trouble financially....
by bhzmark
Fri Jun 11, 2010 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: 401k options review (PIMCO vs. Vanguard total bond)
Replies: 9
Views: 2583

401k options review (PIMCO vs. Vanguard total bond)

Any views on these options for a 401k? VMRXX prime money .13 VIPSX IPS .25 VBMFX Total Bond .22 PTTRX Pimco Total Return .45 PHIYX Pimco High yield .52 VINIX S&P 500 Institutional .05 VEXMX Extended Mkt .30 DODGX Dodge & Cox .52 ALLIX Alliance Large Cap .92 FPPTX FPA Capital (Small/Mid Value...
by bhzmark
Fri May 28, 2010 6:34 pm
Forum: Personal Consumer Issues
Topic: Prius... yeah or nay?
Replies: 48
Views: 176706

The Prius has become a status symbol for a certain demographic who don't mind paying a premium as long as the car makes them feel good about themselves, makes others think better of them, etc. The Prius has become a target for a certain demographic who don't mind ignoring science and facts and pret...
by bhzmark
Fri May 28, 2010 6:15 pm
Forum: Personal Consumer Issues
Topic: Prius... yeah or nay?
Replies: 48
Views: 176706

Re: Prius or Corolla?

Hi Webfoot: I went to Edmonds.com and compared the lowest price 2010 Prius with the lowest price 2010 Corolla. The Prius had a 5-year cost of $32,254; the Corolla had a 5-year cost of $29,630. Edmonds -- True Cost I hope the above is helpful when making your decision. I own a Corolla and am very sa...
by bhzmark
Fri May 28, 2010 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a foreign LLC - what is the US tax consequence?
Replies: 4
Views: 1266

I don't see how a corp could ever be a tax haven, because at some point in time the company assets will eventually transfer to the owner, which will then be taxable in the US. If you could store profits in a cayman corp without being taxed in the US , you would have the benefit of deferring the US ...
by bhzmark
Fri May 28, 2010 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Starting a foreign LLC - what is the US tax consequence?
Replies: 4
Views: 1266

if its a foreign LLC you can usually elect to treat it as a passthrough or as a corp for tax purposes. If treated as a passthrough vehicle then it the income is included in its owners income just like a US LLC. If you elect to treat as corporation, then if one or more US taxpayers own > 50% of the n...
by bhzmark
Thu Apr 22, 2010 10:01 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 298458

Here is my analogy: you have a sailing ship. You have a vague notion of where you want to land, but it might be 1000 miles or 2000 miles to your destination, you don't really know. You know the heading you want is in some direction plus or minus 20 degree. You have a compass with random errors of p...
by bhzmark
Tue Mar 09, 2010 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: sell stocks to pay off student loans?
Replies: 14
Views: 4051

One factor in the column for not paying off federal student loans is that they function as a type of life and disability insurance because if the debtor dies or become disabled, the debtor's outstanding federal loans are forgiven.
by bhzmark
Tue Mar 02, 2010 6:12 pm
Forum: Investing - Theory, News & General
Topic: Investing SS Payments, Start at 62, Reapply at 70
Replies: 18
Views: 2392

deleted
by bhzmark
Fri Feb 26, 2010 4:12 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price Ads on TV
Replies: 22
Views: 4064

Re: T Rowe Price Ads on TV

TRP has been a regular ESPN advertiser of college basketball games. The ads proclaim that TRP understands the relations of a complex global economy. This management "superiority" is demonstrated by the fact that 75% of TRP funds perform better than the 10 year Lipper Average. What exactly...
by bhzmark
Fri Feb 26, 2010 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have a cheap smart phone?
Replies: 33
Views: 4843

Gekko wrote:Sprint Palm Centro - $29

Sprint "Unlimited Everything" - $99/Month

Sprint "Any Mobile, Anytime" - $69/month

http://www.sprint.com/


second. sprint has cheapest data plans and cheap family plans too.
by bhzmark
Fri Feb 26, 2010 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding money from foreign malpractice settlement
Replies: 8
Views: 1469

Gifts from non-US tax residents to US taxpayers are not taxable. (not included in income and no gift tax). just something to think about.
by bhzmark
Tue Feb 23, 2010 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Yodlee FinAppStore
Replies: 5
Views: 1969

Who said the FinAppStore shares information with third parties? It's about applications: to use an application you don't have to give your information to the app developer. In any case I suspect Yodlee thought of that issue a long time ago. I suppose some people might also be concerned that the apps...
by bhzmark
Mon Feb 22, 2010 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Yodlee FinAppStore
Replies: 5
Views: 1969

Having third party apps running against Yodlee aggregated data raises all sorts of security questions. It seems like it would be extremely difficult to keep personal user data secure while allowing third party apps enough access to make it interesting proposition. If third party apps can do anythin...
by bhzmark
Mon Feb 22, 2010 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Yodlee FinAppStore
Replies: 5
Views: 1969

Yodlee FinAppStore

For those that use Yodlee (which is great by the way), it looks like Yodlee will offer add-on apps to offer additional functionality (like the Iphone app store). I see one great opportunity would be an app that would use the security holdings information already in your Yodlee account and generate a...
by bhzmark
Sat Feb 20, 2010 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: eugene masselink
Replies: 11
Views: 2343

Bump to continue discussion of merits and demerits of riding an ARM through the adjustable stage. Most ARMs are 1 year CMT + 2.75%. Currently 1 year cmt is 0.35% yielding an adjusted rate of 3.1%. Hard to beat that as a mortgage interest rate. So if it is adjusting now, then year 6 is 3.1%, Worst ca...
by bhzmark
Sat Feb 20, 2010 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should I switch to an S-Corp to save on taxes?
Replies: 30
Views: 4141

Re: Should I switch to an S-Corp to save on taxes?

I have my own side business where I do consultant work. Right now it's a sole proprietorship and I paid ~$5k last year in SE taxes. Do you think it would be worth switching to an S Corp to save on taxes? I went round and round on this with my CPA and attorney. They held firm that if you are the onl...
by bhzmark
Thu Feb 11, 2010 11:36 pm
Forum: Personal Consumer Issues
Topic: Books you already re-read and own to read again
Replies: 53
Views: 7839

George McDonald Fraser's Flashman series http://en.wikipedia.org/wiki/Harry_Paget_Flashman

and PG Wodehouse
by bhzmark
Thu Feb 11, 2010 11:26 pm
Forum: Personal Consumer Issues
Topic: Millionaire Donating It All
Replies: 10
Views: 3111

from: m "My idea is to have nothing left. Absolutely nothing," he told The Daily Telegraph. "Money is counterproductive – it prevents happiness to come." Instead, he will move out of his luxury Alpine retreat into a small wooden hut in the mountains or a simple bedsit in Innsbruc...
by bhzmark
Wed Feb 10, 2010 4:56 pm
Forum: Personal Consumer Issues
Topic: Basement Insulation
Replies: 4
Views: 1709

I found the info below useful: There are many sources that explain you should NOT use a vapor barrier in basements (despite what some old fashioned codes may require) and that rigid and spray foam is much better: see: http://www.buildingscience.com/documents/primers/plonearticlemultipage.2006-12-05....
by bhzmark
Tue Feb 09, 2010 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: What is your worth in stocks,bonds,cd,s,cash & real esta
Replies: 81
Views: 12896

Equity in your home is just like any other asset. You could do a cash out refinance or HELOC and put the cash from equity in your investment acct. Or you could take cash in your investment accts and pay off your mortgage. Either transaction shows that equity in your home is substitute for cash in y...
by bhzmark
Mon Feb 08, 2010 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: What is your worth in stocks,bonds,cd,s,cash & real esta
Replies: 81
Views: 12896

I don't consider personal (real) property as part of my net worth. . . . If I sell it, I'll need to either buy something else, or start paying rent. Equity in your home is just like any other asset. You could do a cash out refinance or HELOC and put the cash from equity in your investment acct. Or ...
by bhzmark
Thu Feb 04, 2010 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Accounting Question - Axe My Accountant?
Replies: 41
Views: 5380

$300 is a lot of money for an accountant - especially when I owe the Fed already. I'm going to use what he did for me last year as reference and see how it goes. $300 is nothing for an accountant for multistate income tax return prep. $300 is a bargain. He's not making money off of you and is proba...
by bhzmark
Thu Feb 04, 2010 5:14 pm
Forum: Investing - Theory, News & General
Topic: Ultimate Buy and Hold - 8 slices vs 4
Replies: 719
Views: 298458

I doubt there are many tilters that don't use some sort of component. This would mean that you have access to DFA and aren't limited by 401k options, etc. Not many would fall in this category. fyi, you can use various proportions of any S&P 500 fund in a 401k combined with US Vector outside of ...
by bhzmark
Thu Feb 04, 2010 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: TSP versus Roth IRA
Replies: 11
Views: 2457

I believe leaning toward the Roth IRA may suit my needs better since I would like more freedom to tap emerging markets and some other asset classes. Maybe emerging markets or some other asset classes will outperform what is available in the TSP. But it 100% that TSP will give you lower expenses and...
by bhzmark
Tue Jan 26, 2010 12:12 pm
Forum: Investing - Theory, News & General
Topic: Performance update - Vanguard, iShares, DFA, RAFI
Replies: 15
Views: 7233

Thanks for sharing the info. But wouldn't it be more useful to just compare the equity allocations as 100% equity allocations?

And fixed income assets are a different comparison and analysis?

In any case, thanks for doing the work and sharing it.
by bhzmark
Tue Jan 26, 2010 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Home Security System worth it?
Replies: 72
Views: 14827

AssOnFire wrote: I once had three strangers wake me up . . . I told them to take whatever they wanted. . . . They took it and left.


That's one of the better outcomes you could have hoped for in that situation. I don't see how a gun would be likely to improve the outcome.
by bhzmark
Sun Jan 24, 2010 12:01 pm
Forum: Investing - Theory, News & General
Topic: "DFA to Offer Investment Strategies via Brokers"
Replies: 36
Views: 5582

Is DFA going for growth at all costs? Because DFA is a for-profit company, the mgt and directors will typically interpret their duties to the company to require that they have the single minded goal of maximizing value for DFA's shareholders -- customers be damned. Vanguard, on the other hand, as a...
by bhzmark
Fri Jan 22, 2010 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: AssetBuilders - all DFA ??
Replies: 30
Views: 4464

Rebalancing is overrated. There are various studies that try different approaches (1, 2, 3 years and deviations from target) that don't really get all that much of a benefit. A Daryanani article on rebalancing is available here: m This looked at various rebalancing strategies during 1992-2004 (a pe...
by bhzmark
Thu Jan 21, 2010 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Report-Best Way?
Replies: 21
Views: 3127