Search found 375 matches

by fantasytensai
Thu Feb 08, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Purchased $10k of Total Stock Index and $5k of Total Bond Index around lunch time today, causing the afternoon slide. I must say, this being my first real correction with a significant (to me) stock allocation, it makes me question my true risk tolerance. If you purchased the mutual fund, then you ...
by fantasytensai
Thu Feb 08, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Sold 2K of VBTLX to buy VTSAX. This way if the market goes up tomorrow I'm happy. If it continues to fall I can continue to exchange.
by fantasytensai
Thu Feb 08, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

2Birds1Stone wrote:
Thu Feb 08, 2018 11:25 am
fantasytensai wrote:
Thu Feb 08, 2018 11:25 am
Anyone else buying today, or trying to avoid catching a falling knife?
Waiting for the bottom ;)
I think I'm going to DCA my buying in, thinking of doing 10k, maybe spread out between 3-4 buy ins.
by fantasytensai
Thu Feb 08, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Anyone else buying today, or trying to avoid catching a falling knife?
by fantasytensai
Wed Feb 07, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: donating a car to charity?
Replies: 13
Views: 575

Re: donating a car to charity?

I wouldn't use Carmax. They quoted me $500 for my older Audi A4. I sold it in less than a week through Autotrader for $2500. If you want to make a donation, you may be better off selling it on Craigslist and then donating the money. The whole point of donating a car is to get a favorable appraisal ...
by fantasytensai
Fri Feb 02, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Anybody know the reason for the fall? I am confused as the US economy is growing, the job market is tight, earnings are decent and the world economy seems to be picking up. Internationally Oil prices are increasing as is demand, there is no real war that can or may break out. Syria, Iraq, Afghanist...
by fantasytensai
Thu Feb 01, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Consulting Liability
Replies: 15
Views: 734

Re: Independent Consulting Liability

Put it in the contract that you're not liable beyond what you get paid for the work. I am not a lawyer, so this advice is probably worth what you paid for it. I don't think anyone except for the parties involved in the contract would be bound to it. . . but I'm not a lawyer, either. Third party ben...
by fantasytensai
Tue Jan 30, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Posters sound so calm and are sticking to their plans. That's easy to do with a small dip. We will see how it goes when they get hit in the nose with a 20% drop. They just got a tap on the shoulder. Wait until they get a punch to the mouth. Some will stick it out, many others not. Full disclosure -...
by fantasytensai
Tue Jan 30, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: $100k+ Credit Card Spend Per Year: What card offers the best return?
Replies: 44
Views: 4574

Re: $100k+ Credit Card Spend Per Year: What card offers the best return?

Fellow Schwab Amex card holder here, though I keep my IRA in Vanguard. If this is true, it is a game changer. However, the only way to test it is to actually do it and wait and see if IRS reacts, and even then it may just be a false negative if IRS doesn't react. I would not call IRS to draw attent...
by fantasytensai
Tue Jan 30, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: $100k+ Credit Card Spend Per Year: What card offers the best return?
Replies: 44
Views: 4574

Re: $100k+ Credit Card Spend Per Year: What card offers the best return?

It seems odd, but I chatted with Schwab and they verified. I would imagine it is for the same reason that you can transfer a Roth over to a Brokerage and that company can put money into your Roth as a bonus. I believe you were either mis-informed or mis-understood the advice given. I have the Schwa...
by fantasytensai
Tue Jan 30, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

fantasytensai wrote:
Mon Jan 29, 2018 12:16 pm
bligh wrote:
Mon Jan 29, 2018 11:30 am
Feel like we need a U.S. Bonds in freefall thread. :D
Bonds, or at least bond funds, do not appear to be the security blanket as they were in the past.
Bonds down .2% today while equities down 1%. I'm a big enough man to admit when I'm wrong. Bonds still serve some purpose.
by fantasytensai
Tue Jan 30, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

oldcomputerguy wrote:
Tue Jan 30, 2018 11:09 am
fantasytensai wrote:
Mon Jan 29, 2018 12:59 pm
I have 20% position in TBM and dividends have not come close to making up for the rapid drop in NAV.
NAV is only relevant if you want either to buy or sell. If you're holding forever, it doesn't matter.
:beer
But...but....paper wealth!
by fantasytensai
Mon Jan 29, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

It just seems like the NAV will continue to drop - yield will continue to increase. There are ways to make money if you can actually guarantee that bond yields will continue to rise and prices fall. Not suggested you try it. People have been positive of the direction of the bond (and stock) market ...
by fantasytensai
Mon Jan 29, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

It just seems like the NAV will continue to drop - yield will continue to increase.
by fantasytensai
Mon Jan 29, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Feel like we need a U.S. Bonds in freefall thread. :D Bonds, or at least bond funds, do not appear to be the security blanket as they were in the past. What a curious statement. Bonds are near 5-year lows while stocks are at all-time highs. I could not be more pleased with my bond fund performance....
by fantasytensai
Mon Jan 29, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

bligh wrote:
Mon Jan 29, 2018 11:30 am
Feel like we need a U.S. Bonds in freefall thread. :D
Bonds, or at least bond funds, do not appear to be the security blanket as they were in the past.
by fantasytensai
Mon Jan 29, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262418

Re: U.S. stocks in freefall

Reviving the discussion
by fantasytensai
Fri Jan 26, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Are 100-year old homes junk?
Replies: 62
Views: 2261

Re: Are 100-year old homes junk?

I live in greater New York area ( westchester county ) and am looking to buy an investment property for around $600k. Unfortunately majority of stuff is 100-year old homes. I feel like these are just ticking time bombs. Who knows what structural issues and water damage lurks beneath those "upgraded...
by fantasytensai
Wed Jan 24, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 8798

Re: Working in the real world

Some of us just get lucky. I've worked part time about 20 hours a week for years and make over $ 100,000. I'm a lawyer and very few lawyers can make part time work, work, but I was in the right time and place. Before I had kids I became a good writer/ researcher. Now all I do is appellate work whic...
by fantasytensai
Tue Jan 16, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question about 1099R
Replies: 4
Views: 466

Question about 1099R

Hi all, I tried to google the answer all day but could not find anything. I changed jobs in April of 2017. Today I received two 1099 R forms from the company managing my old firm's 401(k), which I rolled over to the new firm's 401(k) custodian. The first 1099 R form I recognize - it was the amount r...
by fantasytensai
Tue Jan 16, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance
Replies: 11
Views: 418

Re: Term Life Insurance

When does one decide that they no longer need term life insurance? Here's the basic scenario. Late forties dual income family House paid off No debt Kids nearly out of college (pre-funded) Net worth ~ 10x combined gross salary $800k policy costs about $90/mo (him) $500k policy costs about $40/mo (h...
by fantasytensai
Mon Jan 15, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 171
Views: 21203

Re: TurboTax Prices

Fidelity's up tp $20 off Turbotax deal is just the same as the sale that Turbotax has on its website currently. It doesn't stack. In other words it is completely useless.
by fantasytensai
Sat Jan 13, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3268

Re: Firing real estate agent after offer made?

I did all the work - obtained the preapproval, hired a lawyer, set up inspection, gathering paperwork. There may be a misunderstanding. Buyer's always do those things (at least in my part of the US) and the buyer works directly with the lender and escrow company. We don't use attorneys to buy and s...
by fantasytensai
Sat Jan 13, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3268

Re: Firing real estate agent after offer made?

Thanks for the response. When you guys say broker, do you mean the agency that the agent works for, or something else? Right now I'm contemplating walking away from this whole deal before further damage is done. I don't really care if he gets the commission or not. I'm just seriously worried that a...
by fantasytensai
Sat Jan 13, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3268

Re: Firing real estate agent after offer made?

Thanks for the response. When you guys say broker, do you mean the agency that the agent works for, or something else? Right now I'm contemplating walking away from this whole deal before further damage is done. I don't really care if he gets the commission or not. I'm just seriously worried that a ...
by fantasytensai
Sat Jan 13, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3268

Firing real estate agent after offer made?

I made the mistake of hiring a completely incompetent real estate agent who also happen to be very lazy and unresponsive. I found a house that I liked and unfortunately made the mistake of asking him to contact the listing agent. So once he showed up with us to see the house and we loved it and made...
by fantasytensai
Tue Jan 09, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1967

Re: home inspection on house I already live in?

The way it is done- you make the offer with an inspection contingency. (Or with a due diligence period, depending on your state.) When the offer is accepted THEN you hire the inspector. If you're a renter you may not know about all the other things you should put in as contingencies, or inspect for...
by fantasytensai
Mon Jan 08, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Million Dollar Refi Q
Replies: 12
Views: 1448

Re: Million Dollar Refi Q

11K property taxes for 1.3 million home? I had no idea that NY property taxes were so cheap...that is insane!
by fantasytensai
Wed Jan 03, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with parent under Medicare age?
Replies: 18
Views: 880

Re: What to do with parent under Medicare age?

The ACA marketplace IS available to those with no income. Worst case scenario is that premium subsidies and cost sharing are not. In other words, a person with no income could pay the same as a person with a high income. Also, what type of assets are these held by MIL? Do they produce no income? So...
by fantasytensai
Wed Jan 03, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with parent under Medicare age?
Replies: 18
Views: 880

Re: What to do with parent under Medicare age?

I do plan on purchasing Medicare for my MiL when she is of age. I know that in order to qualify for free Medicare she has to work for 40 calendar quarters. We don't want her to do that. That's kind of not changing as my wife is very firm about this point. The issue is really about the best approach ...
by fantasytensai
Wed Jan 03, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: What to do with parent under Medicare age?
Replies: 18
Views: 880

What to do with parent under Medicare age?

Hi, seeking the Bogleheads wisdom once again. My mother in law will be coming to live with my wife and me soon. Our relationship is really close in the sense that all of our assets are freely transferrable (I know that's not recommended for families but our case is special). We are trying to figure ...
by fantasytensai
Wed Dec 27, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 11250

Re: Another should i buy my dream porsche thread...

You are literally the person that Porsche targets for their products. So, yeah.
by fantasytensai
Thu Dec 21, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51074

Re: Tax Bill Omnibus Thread

I usually calculate my withholdings to owe close to no taxes when filing. In fact, my 2017 NY state tax withholdings will be coming in a little short according to my calculations. It will only be short by about 1 to 2 thousand dollars (max). Should I pay $2,000 to my 2017 Q4 taxes before 12/31/2017 ...
by fantasytensai
Wed Dec 20, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: Large difference between VTI and VTSAX
Replies: 13
Views: 1684

Re: Large difference between VTI and VTSAX

Oh my god. Totally forgot. I can't believe I asked such a noob question!
by fantasytensai
Wed Dec 20, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: Large difference between VTI and VTSAX
Replies: 13
Views: 1684

Large difference between VTI and VTSAX

Hi, quick question. I usually use VTI to track VTSAX, and it's usually very consistent. However, today, VTI dropped 0.01 (0.01%), but VTSAX dropped 0.35 (0.52%). I also noticed that VXUS is also the same today, dropping 0.01 (0.02%), but VTIAX dropped 0.32 (1.05%). Any idea why? Edit: Realized it wa...
by fantasytensai
Fri Dec 08, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6346

Re: "Financial Shock" wealth

Thought this article was intriguing until it got political. Immediately lost all appetite for information.
by fantasytensai
Fri Dec 08, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4364

Re: "Think you can time the stock market? Look at this chart first"

Thanks for sharing Taylor. This is a very helpful piece to help people think healthily when hesitating to enter the market. I never heard of this particular author before. I had mostly stayed away from MarketWatch articles lately due to the sheer number is useless articles (like to ones today on tip...
by fantasytensai
Tue Nov 21, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease Gotchas
Replies: 41
Views: 4137

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: 41
Views: 4137

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: 5576
Views: 1262418

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: 5576
Views: 1262418

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: 5576
Views: 1262418

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: 2055

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: 5576
Views: 1262418

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: 5576
Views: 1262418

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: 8270

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: 9968

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: 447

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: 10860

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: 10860

Re: Emotional impact of spending down assets?

Buy annuity...problem solved?