Search found 338 matches

by fantasytensai
Tue Nov 21, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease Gotchas
Replies: 33
Views: 2756

Re: Car Lease Gotchas

I have owned cars and leased cars. In my experience I care MUCH less about minor dings and scratches on a lease than my own car. That is fair. So you just didn't care about getting dinged for additional fees when you turned the car in with issues? At one point my wife scuffed up the corner of the r...
by fantasytensai
Tue Nov 21, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease Gotchas
Replies: 33
Views: 2756

Re: Car Lease Gotchas

The biggest obstacle (over time) with a lease is it FEELS like you are renting. Well, you are renting. The mileage limit (are we ahead or behind our allowance for miles?) combined with worrying about any door ding, scratch, or worse just isn't how I like to live. Looking for parking spots away from...
by fantasytensai
Fri Nov 10, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

Whakamole wrote:
Fri Nov 10, 2017 2:08 pm
Should we start a "bond prices in freefall" thread?
Can someone explain the reasoning behind this relatively big bond fall? I don't see any news that would affect it today, and the rate hike in December has already been factored into the price a long time ago.
by fantasytensai
Thu Nov 09, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

thangngo wrote:
Thu Nov 09, 2017 2:37 pm
Is it a snowball just started rolling? Or just a typical down day?
I know the answer to this question.

It may be wrong though.
by fantasytensai
Thu Nov 09, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

And.....we are back!!!
by fantasytensai
Tue Nov 07, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need input: minor rear fender bender with a veteran
Replies: 14
Views: 1878

Re: Need input: minor rear fender bender with a veteran

My sedan was rear-ended today while turning right. The accident was low impact and the damage to my car appears minimal, only a minor scratch and no dent. There were no injuries. The other driver was a young veteran and overall nice. We exchanged insurance information. It is possible that my car on...
by fantasytensai
Tue Nov 07, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

Curious. I think the consensus is that the Dow is not a good indicator of the US Market, so why do people continue to use the Dow as a measuring stick? I didn't mean to imply that the Dow was a good indicator, I only referenced the Dow because the original post did. My question wasn't targeting you...
by fantasytensai
Tue Nov 07, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

Historical note: This thread began with a post from Lbill on August 8, 2011. On that date the Dow (which the original post referenced) closed at 10,809.85. The most recent high before that point in 2011 was April 29th, closing at 12,810.54. The Dow went on to bottom out two days after Lbill's post,...
by fantasytensai
Tue Nov 07, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 7592

Re: Does Retirement Make You Lazier?

I assume it does, because that is what I'm looking forward to becoming.
by fantasytensai
Tue Nov 07, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9350

Re: "$1 Million is Closer Than You Think"

Taylor Larimore wrote:
Mon Nov 06, 2017 11:18 pm
Bogleheads:

Unusual advertisement in the New York Times by Vanguard:

$1 Million is Closer Than You Think

Your thoughts?

Best wishes.
Taylor
You know how to make $1 million bucks? Learn graphic design and design that webpage for Vanguard. It was really catchy!
by fantasytensai
Thu Nov 02, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Asset Based Charge
Replies: 3
Views: 409

Re: Asset Based Charge

I get that too. Unless you have a say in your company there is nothing you can do about it.
by fantasytensai
Wed Nov 01, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10031

Re: Emotional impact of spending down assets?

Buy annuity...problem solved? That is the financial solution if you have enough money with an annuity but can't be sure of that otherwise. But it doesn't solve the emotional problem. It kinda does. OP is emotionally hit with the feeling of the account dwindling by the day. However, if he goes out a...
by fantasytensai
Tue Oct 31, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10031

Re: Emotional impact of spending down assets?

Buy annuity...problem solved?
by fantasytensai
Tue Oct 31, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Contesting taxes due on purchase of a used motor vehicle
Replies: 15
Views: 1267

Re: Contesting taxes due on purchase of a used motor vehicle

I fought like hell to try to get $600 back from USCIS, and I'm a lawyer (related advice, don't fight the USCIS). I probably spent 3-4 hours writing letters, when I realized that I charge $300/hour and I was throwing good money after the bad. So I gave up and went on with my life. A pretty good decis...
by fantasytensai
Sun Oct 29, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5383

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

Stocks are up today and bonds (VBTLX) fall. Stocks were falling yesterday and bonds also fall. Has everyone holding bond funds simply made peace with the fact that bonds are practically useless until there is a 25%+ drop in the market? I can't convince myself to keep holding bonds. I love bonds and...
by fantasytensai
Sat Oct 28, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5383

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

Stocks are up today and bonds (VBTLX) fall. Stocks were falling yesterday and bonds also fall. Has everyone holding bond funds simply made peace with the fact that bonds are practically useless until there is a 25%+ drop in the market? I can't convince myself to keep holding bonds. You have to look...
by fantasytensai
Thu Oct 26, 2017 7:37 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5383

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

Can you elaborate the way to make easy money? I've written this before. a. Buy a bond fund and collect the dividends. That's really easy. but one can also: b. If bond fund goes up by 0.5% or more in a few hours, sell some shares and buy them back when they go back down a little bit. ... and/or ... ...
by fantasytensai
Thu Oct 26, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5383

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

I love it when bonds fall a certain amount in a single day or even in 5 minutes such as right at a FOMC announcement. So Yes, I have made peace with bond volatility because it is a way to make easy money. --- and --- I love it when bonds rise a certain amount in a single day or even in 5 minutes su...
by fantasytensai
Thu Oct 26, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5383

Stocks go up, bonds fall. Stock fall, bonds also fall.

Stocks are up today and bonds (VBTLX) fall. Stocks were falling yesterday and bonds also fall. Has everyone holding bond funds simply made peace with the fact that bonds are practically useless until there is a 25%+ drop in the market? I can't convince myself to keep holding bonds.
by fantasytensai
Wed Oct 25, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

Can we please get back to the subject at hand - freaking out about 0.5% drops in the market?
by fantasytensai
Tue Oct 24, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help Please...Do I cash out Universal Life Policy?
Replies: 10
Views: 869

Re: Help Please...Do I cash out Universal Life Policy?

If you are 100% certain that everything you have said is true, then it makes sense to keep the policy.

If you live another 60 years, $2,234 invested gaining 5% interest would get you about $40,000, 10k less than the policy payout. I would just stick with it.
by fantasytensai
Tue Oct 24, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: Popularity of Funds that track the Dow instead of the S&P 500
Replies: 19
Views: 1692

Re: Popularity of Funds that track the Dow instead of the S&P 500

All valid points, it's just maddening to see DOW break record after record while S&P sits at 2500 for what seems like forever. Can anyone recommend a mutual fund that best tracks DOW? I realize it is weighted abnormally.
by fantasytensai
Tue Oct 24, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Popularity of Funds that track the Dow instead of the S&P 500
Replies: 19
Views: 1692

Re: Popularity of Funds that track the Dow instead of the S&P 500

Johm221122 wrote:
Tue Oct 24, 2017 9:15 am
Just to start with my 401 doesn't have a fund for Dow,actually there is no mutual fund for Dow just ETF
Fund limitations play a role, sure. But that still doesn't explain the lack of popularity in taxable accounts/whatnots.
by fantasytensai
Tue Oct 24, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Popularity of Funds that track the Dow instead of the S&P 500
Replies: 19
Views: 1692

Popularity of Funds that track the Dow instead of the S&P 500

I understand that the S&P 500 is much more representative of the US economy than the Dow, and that Bogleheads treasure diversity. With that said though, when the DOW is consisted of 30 companies that are as close to too big to fail as possible, and is replaced/replenished as such, wouldn't investing...
by fantasytensai
Thu Oct 19, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

After all that, VTSAX finished in the green.
by fantasytensai
Thu Oct 19, 2017 9:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102825

Re: U.S. stocks in freefall

DaftInvestor wrote:
Thu Oct 19, 2017 9:03 am
S&P and Dow down only 0.5% at the moment (with NASDAQ down 1%) - let's see if this is the day some have been waiting for.
It should be. I just bought 30k of VTSAX yesterday :P
by fantasytensai
Wed Oct 18, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance OR just use a new money?
Replies: 8
Views: 612

Re: Should I rebalance OR just use a new money?

Hello, I have 3 fund lazy portfolio. My assets allocation is 70/30. I am 41y old. Been doing some reading about the need to keep portfolio balanced. I guess the point is to keep it on target assets allocation. And that would make me sleep at night better. What I have been doing every month, I would...
by fantasytensai
Wed Oct 18, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2359

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

This is easy. According to the below link, daily returns have been positive 53.6% of the time since 1950. So I say up. Slightly better than a coin toss. https://www.crestmontresearch.com/docs/Stock-Yo-Yo.pdf It's amazing that even in a bear market the stocks go up more often than down. It really is...
by fantasytensai
Wed Oct 18, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2359

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

By tomorrow do you mean Thursday or when this actually happens? First, I would tell the gunmen he is an idiot for asking the question. But if forced to answer I would say go up which is probably highest statistical answer. Yup. Through your response and alex_686 I came to realize that what happens ...
by fantasytensai
Wed Oct 18, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2359

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

Thanks guys for not ripping me too hard. Yes I am trying to decide whether to lump sum or DCA a decent amount of $$ before 4 pm EST today. I realize that this is a completely ridiculous question. Go easy!
by fantasytensai
Wed Oct 18, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2359

If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?

I know this is a ridiculous hypo, but if someone held a gun to your head, and force you to pick if the S&P 500 will rise or fall tomorrow, if you win you live, which would you choose? I know this doesn't appear relevant to this thread, but it will actually help me solve a problem with my personal in...
by fantasytensai
Mon Oct 16, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1254

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

Assuming the company plan allows for in-service transfers, it seems like one would have two options, rolling over after-tax non-Roth contributions to the company's Roth 401k or rolling over after-tax non-Roth contributions to an outside Roth IRA. Why should one prefer one choice over the other? Sim...
by fantasytensai
Mon Oct 16, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Sell fund cost basis
Replies: 10
Views: 793

Re: Sell fund cost basis

If I sell 100% of a mutual fund, does it really matter what method I use? I had an original amount then reinvested dividends over 10 years. The default is average method, I've heard people say use the FIFO method. If you are selling 100%, then I don't see how the method of cost basis matters. It's ...
by fantasytensai
Mon Oct 16, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1254

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

Steph, mopman78, would a quarterly rollover of my after-tax contributions to Roth 401(k) count as a "contribution" towards my yearly 18k limit? Not one of "them", but the initial contributions to the plans (or to IRA's, etc.) are what "count" in terms of limits. Once the money is IN those plans, th...
by fantasytensai
Mon Oct 16, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1254

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

Steph, mopman78, would a quarterly rollover of my after-tax contributions to Roth 401(k) count as a "contribution" towards my yearly 18k limit? Not one of "them", but the initial contributions to the plans (or to IRA's, etc.) are what "count" in terms of limits. Once the money is IN those plans, th...
by fantasytensai
Mon Oct 16, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1254

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

Steph, mopman78, would a quarterly rollover of my after-tax contributions to Roth 401(k) count as a "contribution" towards my yearly 18k limit?
by fantasytensai
Mon Oct 16, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1254

Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

A while ago I asked a question about Mega Backdoor Roth, and long story short I was told that I could open a Roth 401k account within my company, and contribute a maximum of 10% of my income to my 401(k) as after-tax contributions, then roll over the after-tax contributions to my Roth 401k along wit...
by fantasytensai
Tue Oct 10, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Question on selling used car (Tax related)
Replies: 6
Views: 460

Re: Question on selling used car (Tax related)

I think OP may be confused on some fundamental concepts of taxation and selling a used car. Read this quick article.

https://www.dmv.org/articles/income-tax ... -used-car/
by fantasytensai
Tue Oct 10, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Should I refinance...again (15y at 3.25% going to 2.875%)?
Replies: 11
Views: 1398

Re: Should I refinance...again (15y at 3.25% going to 2.875%)?

We are a married couple in the 35% federal and 6% state tax brackets and subject to AMT. Just six months ago, we refinanced a 30 year adjustable rate mortgage (17 years remaining) to a 15 year, 3.25% fixed rate mortgage. We plan to stay in this house for the foreseeable future. The current home val...
by fantasytensai
Tue Oct 03, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 372
Views: 49708

Re: Identity theft

So here is what I know so far. The custodian of my father's IRA states that in early September they received a phone call from a man posing as my father, who passed all the security questions and requested a change in email address and that forms for withdrawal of funds be sent to that email. Aroun...
by fantasytensai
Fri Sep 29, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15443

Re: Why do you LBYM? Why do you save and invest?

Expro wrote:
Fri Sep 29, 2017 2:46 am
What I'm getting from this thread is that Bogleheads are frightened, job hating old people who pick up pennies and learned to save soap scraps from their parents and grandparents.
I'm 29, but the other points are valid.
by fantasytensai
Thu Sep 28, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15443

Re: Why do you LBYM? Why do you save and invest?

Because I hate my profession, but I invested years of my life into getting a degree and license for the earning potential, so I cannot (or should I say, choose not to) turn back. This speaks to me on so many levels. If you can, try not to take your work home with you. Cliche I know, but that is rea...
by fantasytensai
Thu Sep 28, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15443

Re: Why do you LBYM? Why do you save and invest?

Because I hate my profession, but I invested years of my life into getting a degree and license for the earning potential, so I cannot (or should I say, choose not to) turn back. This speaks to me on so many levels. If you can, try not to take your work home with you. Cliche I know, but that is rea...
by fantasytensai
Thu Sep 28, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15443

Re: Why do you LBYM? Why do you save and invest?

Because I hate my profession, but I invested years of my life into getting a degree and license for the earning potential, so I cannot (or should I say, choose not to) turn back. So the compromise I made myself is to shorten the amount of my exposure to the profession. I will work 10 years with extr...
by fantasytensai
Fri Sep 22, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: What are the benefits of rolling over after tax 401k to a Roth IRA?
Replies: 10
Views: 699

Re: What are the benefits of rolling over after tax 401k to a Roth IRA?

Look up the many threads on Mega Backdoor Roth ("wander" should as well). Another possible option you might have is in-plan Roth rollover. Then you could convert the after-tax to Roth 401(k) and stay in the same plan. Question, I was recently presented with that option - in-plan rollover to Roth 40...
by fantasytensai
Fri Sep 22, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Warren Buffett and Bond Funds
Replies: 33
Views: 3153

Re: Warren Buffett and Bond Funds

I assume you are a fellow IBM employee? Do you still participate in ESPP? The incentives are awful....5% discount, purchase price utilized per paycheck instead of per offering period.....how do you justify it? I would not justify it today (recent years). I have old ESPP when the discount was 15%. I...
by fantasytensai
Fri Sep 22, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffett and Bond Funds
Replies: 33
Views: 3153

Re: Warren Buffett and Bond Funds

Warren Buffett is a ..... don't get me started. Remember when he bought all that IBM stock? And kept buying, saying when the price went down it was a sale. So I did not sell my ESPP stock as I was going to, thinking this is a smart guy, so ..... I'm sure he pulled out all the marketing tricks to he...
by fantasytensai
Thu Sep 21, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds - Ugh
Replies: 26
Views: 2179

Re: Bonds - Ugh

If you want to put money in bonds, average it out. If you don't want to put money in bonds, it's time to reevaluate your AA. There are no big differences between those 4 bonds, the differences are pretty clear from their names. VBTLX is the more diversified option. You don't invest in bonds to chase...
by fantasytensai
Thu Sep 21, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Going to try my hand at Mega Backdoor Roth
Replies: 16
Views: 1796

Re: Going to try my hand at Mega Backdoor Roth

I participate in a plan that allows rollovers of after-tax contributions. Some notes on my setup that might be useful to others. The plan is managed by Fidelity I try to roll contributions and gains monthly The destination Roth IRA is also at Fidelity, which allows the rollover transaction to be do...