Search found 1152 matches

by harikaried
Mon Apr 24, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 83
Views: 2230

Re: Will cars be autonomous in three years?

Autonomous vehicles offer little, if any, benefit over human control in these types of situations. There should be at least a few significant benefits over human control in these "wild out of control driver" situations: awareness, responsiveness, and control. Ideally the autonomous vehicl...
by harikaried
Mon Apr 24, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 16
Views: 848

Re: "Negative points" on mortgage

I compared a rate of 3.75% vs. a rate of 3.875% with $1313 cash paid to the buyer at closing. Another thing to consider is that purchase loans tend to have higher rates from the effective of "negative points" to cover the larger closing costs, e.g., transfer tax, additional title charges....
by harikaried
Mon Apr 24, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 16
Views: 848

Re: "Negative points" on mortgage

Just making up some numbers for comparison: $100k loan at 3% amortized 30 years is $422/mo with $52k interest paid over 30 years with $11k interest after year 4. If instead at 3.25%, monthly payments increase by $14/mo with $5k extra interest over 30 years with $1k extra interest after year 4. This ...
by harikaried
Mon Apr 24, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 83
Views: 2230

Re: Will cars be autonomous in three years?

I think a distinction should be made between the speed of technological advancement and its affordability for the average person. I don't doubt the speed of technological advancement so much as I'm skeptical that such technology will be readily affordable in a short period of time. It is important ...
by harikaried
Mon Apr 24, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 16
Views: 848

Re: "Negative points" on mortgage

One offer increases the monthly payment by $13 in exchange for a check for $1313. The other offer is an increase of $23 in exchange for a check for $2422. In both cases, it looks like the naively-computed breakeven mark is around 100 months (8 years, 4 months). In reality, it's probably even longer...
by harikaried
Mon Apr 24, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 16
Views: 848

Re: "Negative points" on mortgage

For our most recent home purchase, we tried to get as much negative points as possible as long as the rate increase per negative point was reasonable. One thing to make sure is that the negative points can be used towards principal curtailment, i.e., if the credits exceed closing costs, it can be us...
by harikaried
Mon Apr 24, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 19
Views: 341

Re: Solo 401k recommendations?

Can you buy regular stocks with a Vanguard account? For one of our Fidelity Solo 401k accounts, we bought the commission-free ETFs (iShares) before realizing their mutual funds have a minimum of $500 instead of the usual $2500 when purchased in the Solo 401k. If the stock isn't on the commission-fr...
by harikaried
Mon Apr 24, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 19
Views: 341

Re: Solo 401k recommendations?

Here's the wiki page about Solo 401k: https://www.bogleheads.org/wiki/Solo_401(k)_plan Main features to consider when choosing: ⋅ investment options? ⋅ contribution method? ⋅ rollovers? ⋅ Roth? ⋅ loans? We use Fidelity as most of our accounts are the...
by harikaried
Mon Apr 24, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 83
Views: 2230

Re: Will cars be autonomous in three years?

Will most cars become autonomous drivers over the next three years? Why are you asking about most cars being autonomous? It would be similar to asking, should you hold off on index funds until most people are using it. If Vanguard is providing something that you want, you would likely just go ahead...
by harikaried
Mon Apr 24, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 83
Views: 2230

Re: Will cars be autonomous in three years?

Not a chance of that happening. Tesla, unprofitable even with massive government funding and favoritism, will hopefully be out of business by then. Is this opinion targeted only towards Tesla? A good chunk of "massive government funding" was as loans that they've repaid with prepayment pe...
by harikaried
Tue Apr 18, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

529 comes with penalty. Ira has big tax bill. After going through estimating the tax effects of withdrawing the 529 on Form 5329, the "additional 10% tax" line got me thinking about the IRA tax in that we would be most likely paying 25% tax if not 28% tax on the inherited RMDs. This means...
by harikaried
Thu Apr 13, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

That said, here are a few tips: - you need to call your/her 401k plan sponsor to make sure you can still contribute to the 401k WHILE you are in payback mode. In our situation, I know it sounds silly, but we upped our contribution to makeup for any lost earnings (or at least mitigate the lost earni...
by harikaried
Mon Apr 10, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

If the "appraisal comes in low" don't you want think hard about buying the home at the offer price? Is it a given for you that you'll buy regardless? Yes, we'll be buying the property even with a lowish appraisal as we'll expect to make more on it. And the rates are what they are for this...
by harikaried
Mon Apr 10, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

529 comes with penalty. Ira has big tax bill. While it's true we would be paying a penalty that we wouldn't have otherwise paid, the total cost of accessing that money is pretty low if you think of it spread over 10 years, so $400/year or maybe thinking of it like an 0.83% 1-(1-($4k/$50k))^(1/10) e...
by harikaried
Mon Apr 10, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 72
Views: 10870

Re: Switching to Fidelity's new Total International Index (includes small cap!)

Both Total International index funds from Fidelity (FTIPX) and Vanguard (VTIAX) appear to be slightly lagging FSGDX (ex-US large), which makes sense as VSS (ex-US small) is more significantly lagging. If your decision is to include more international small cap, then FTIPX/VTIAX are easy ways to get ...
by harikaried
Sun Apr 09, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

In my opinion, the main arguments against making a bigger down payment are the same consideration as for the "pay down mortgage v invest" debate: opportunity cost, taxes, and diversification. The arguments are similar, but the main difference is paying down a mortgage usually doesn't resu...
by harikaried
Sun Apr 09, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 705

Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

We had been planning for 20% down, but in the case that the appraisal comes in low, or if it makes sense to just put additional down, what sources should we get that money from? For some background, we max our retirement accounts (401ks and IRAs) and are at the edge of 25%/28% the tax brackets. The ...
by harikaried
Tue Mar 28, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

How well did his past lofty claims hold up? What did he say 2 years ago about 2016? Elon or Tesla? Well 3 years ago February, Tesla announced the Gigafactory before the Reno/Sparks, Nevada location had been finalized. In their introductory announcement, they planned for 2017 "Production Launch...
by harikaried
Tue Mar 28, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

With Tencent putting $1.7 billion cash into Tesla for 5% stake, it seems less likely that Tesla will be running out of cash anytime soon given Tencent's continued interest in helping Tesla succeed and expand in China. Jim Cramer: The Tesla Bear Story Is Over Ars Technica: Tesla sells 5 percent stake...
by harikaried
Mon Mar 27, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

Currently the best and most efficient batteries are made up of Lithium and plus another material Curious, why the focus on lithium when it's barely a couple percentage (~2%) by volume of the battery? Sure, there will be increased demand for it, but how about all the other materials that go into a b...
by harikaried
Sun Feb 26, 2017 2:31 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

You and most people have no interest in 100% EV. Don't feel alone. You are the 98%. Not sure if you just made up "98%" but that's not too far from actual survey results from December: http://ngtnews.com/survey-lack-of-awareness-high-costs-hamper-ev-adoption The survey had 3% of respondent...
by harikaried
Sun Feb 26, 2017 2:13 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

But a pure electric? Way too dependent on infrastructure for me. When Mad Max times come, I need to be able to cross the country. Isn't a part of Mad Max's story about the dependence on fuel leading to theft and violence? If anything, gas has quite an involved infrastructure today from extraction, ...
by harikaried
Sat Feb 25, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

Tesla has also decided to change the battery format to 21-70. So a new battery design is planned for this new factory!!! I suggest this new battery will be the gull wings doors of the Model 3. The battery yield will crash and the long term quality will give them fits. So then the output will sag an...
by harikaried
Sat Feb 25, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

This situation seems really convoluted and my intuition is that there are some important facts being omitted from the summary. None of the options listed make much business sense for you. It's limited upside with huge potential downside. Can we try to quantify these risks, upsides, downsides? For r...
by harikaried
Fri Feb 24, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Are there any good funds with <$1,000 minimum purchase requirement?
Replies: 6
Views: 432

Re: Are there any good funds with <$1,000 minimum purchase requirement?

Her HSA is with Fidelity, and so far only has $1,000 in it. There are some great funds in Fidelity, but most require at least $2,500 minimum Try talking to Fidelity. Earlier this week, I called to place a buy order for a Fidelity Investor Class mutual fund where the account had under $1000. The acc...
by harikaried
Fri Feb 24, 2017 3:30 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 10679

Re: risk of my Tesla deposit

letsgobobby wrote:That implies up to $12 billion in cash outlay and at some level the future that far out is hard to predict.
I agree it would be hard to predict, so how did you come to use a linear extrapolation? Maybe they underestimated by 10% or 50%, but you're suggesting being off by 300%?
by harikaried
Thu Feb 23, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

It seems to me, then, that the efforts of this busiess might be best served in finding, negotiating office space that is no higher than "market rate". Indeed. I guess I didn't mention it, but that has been ongoing for a few months, so a new lease might just be what ends up happening. We s...
by harikaried
Thu Feb 23, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

Why is the business paying higher than market rates for space?? Why do some people pay higher than market rates on their own mortgages or rent? There's inertia and additional work to find another location, refinance, etc. That's one of the downsides of leasing/renting in general as your rates might...
by harikaried
Thu Feb 23, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

You could buy the building and lease it to them, possibly at below market rates (seek tax advice) The business has been around for years and paying higher than market rates, so that's why there's some desire for the business to move. If we bought the building, there shouldn't be a need to charge lo...
by harikaried
Thu Feb 23, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

And you want to start with a $1 million office building? :confused Some people (perhaps more likely in the California Bay Area), start with residential rentals at that price with less certainty about who will be using the property. Sure, I suppose having a primary residence might better prepare som...
by harikaried
Thu Feb 23, 2017 1:39 am
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

Why would they want to get into real estate instead of their core business? Ah. Good point in general. ;) I suppose one thing to note is that this business' core business is closely related to commercial real estate, but they are able to and have been doing fine for the last several years just leas...
by harikaried
Wed Feb 22, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

Re: How to help a friendly business with office space?

StevieG72 wrote:Why do you want to get involved?
Perhaps hinted by our comfort of just breaking even, we want to help the business succeed and believe they are good for the community. As an extra benefit, if there is extra space, we can make use of it for other activities.
by harikaried
Wed Feb 22, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1427

How to help a friendly business with office space?

Is there a good way to help a small business that needs office space but doesn't have its own cash reserves to purchase an office building ~$1million? My wife and I want to help, so assuming we have some influence and access to business decisions (i.e., small partial LLC partner/owner), how can we b...
by harikaried
Tue Feb 21, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Differences between TurboTax and H&R Block
Replies: 22
Views: 1923

Re: Differences between TurboTax and H&R Block

If you make too much to take the various education credits/discounts - H&R Block doesn't let you enter in educational spending - even if it would apply to 529 withdrawls. That's good to know. What version and year of H&R Block did you run into this? I wonder if other people have encountered...
by harikaried
Mon Feb 20, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Differences between TurboTax and H&R Block
Replies: 22
Views: 1923

Re: Differences between TurboTax and H&R Block

Is it possible to upgrade from Deluxe to Premium (either from H&R block or from Turbo Tax) if I buy Deluxe and realize that I need some additional feature to complete my tax return? Yup. H&R Block had two pages asking about upgrades: somewhere during Federal income and on the State page. Tu...
by harikaried
Mon Feb 20, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Differences between TurboTax and H&R Block
Replies: 22
Views: 1923

Differences between TurboTax and H&R Block

I just took about an hour transferring / redoing taxes in H&R Block Deluxe from TurboTax Deluxe (provided by family) to get the 10% Amazon refund bonus. I purchased and downloaded the software today from Amazon as the Mac price dropped to $17.50 and figured we would get more than 10x the amount ...
by harikaried
Fri Feb 17, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: VEU or VSS in taxable? (FTSE ex-US vs FTSE ex-US SMALL)
Replies: 11
Views: 812

Re: VEU or VSS in taxable? (FTSE ex-US vs FTSE ex-US SMALL)

For me (and probably for you), it would be much better to hold Total US Stock Market Index fund in taxable instead of VSS or VEU. After looking at bit more closely at triceratop's spreadsheet (and doing our 2016 taxes), I'm thinking of shifting our VSS holdings that we transferred from TD Ameritrad...
by harikaried
Fri Feb 17, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: VEU or VSS in taxable? (FTSE ex-US vs FTSE ex-US SMALL)
Replies: 11
Views: 812

Re: VEU or VSS in taxable? (FTSE ex-US vs FTSE ex-US SMALL)

For the spreadsheet, the higher total cost fund should go in taxable? For taxable, you probably want to prefer the lower "Tax Efficiency" funds, and looking at the bigger cost picture, ideally the lowest "Total Cost" funds (still talking about for taxable). For tax-advantaged ac...
by harikaried
Thu Feb 16, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

My wife is kind of nervous driving (and parking) a $100K car around town. Theoretically, your wife won't even need to park the Model 3 either as it could find parking itself. Or even better (? if you don't mind others riding in the vehicle), it can make money for you via the Tesla Network, so some ...
by harikaried
Thu Feb 16, 2017 3:24 am
Forum: Investing - Help with Personal Investments
Topic: Paying off a 7 Year ARM at 2.875% or Invest?
Replies: 10
Views: 954

Re: Paying off a 7 Year ARM at 2.875% or Invest?

Last year, in the year before the first rate change for our 2.625% ARM, we heavily paid it down (to have it paid off as it adjusted). We haven't been itemizing, so there was nothing close to the risk-free "earnings" of paying it down.
by harikaried
Thu Feb 16, 2017 3:05 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

the Bolt has a level 3 fast charger as well, just different than tesla's. To be clear, the level 3 fast charging on the Bolt is an additional $750 upgrade that charges at rates up to 50 kW. Motortrend says that it could charge "160 miles worth in 60 minutes, and a full 238 miles of range in ab...
by harikaried
Thu Feb 16, 2017 2:47 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

Also keep in mind that the supercharger network will not be free to owners of the Model 3. It's unclear what exactly the supercharging situation will be with the Model 3, but if it continues with the current no-longer-unlimited supercharging capabilities of the Model S and Model X, there will be so...
by harikaried
Thu Feb 16, 2017 2:33 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

The Bolt is getting very positive reviews and will have 2+ years head start over the Model 3 not to mention the time to work thru the pre-orders. Where are you getting these dates? The Bolt started regular production in November 2016 and began deliveries in December. You're saying the Model 3 won't...
by harikaried
Wed Feb 15, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 189
Views: 16193

Re: Betterment just raised their costs.

fermata wrote:What's the offering at Fidelity?
Fidelity Go. Discussion: viewtopic.php?t=196241
by harikaried
Wed Feb 15, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15313

Re: Tesla Model 3 or Chevy Bolt?

Neighbor is asking. 50 mile commute and will probably do some road trips. I'm suggesting Model 3, because of access to Superchargers. Where are you located? Bolt is only available in California and Oregon right now (and as others have pointed out, nowhere available for Model 3 yet). Similarly, depe...
by harikaried
Wed Feb 08, 2017 4:54 am
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update: Reconveyance]
Replies: 11
Views: 1238

Re: Anything to do before ARM adjusts? [2017 Update: Reconveyance]

2017 update 2 tl;dr: reconveyance recorded! I guess one last update regarding our mortgage is that our county's online recorder public document search finally shows both a Substitution of Trustee as well as a Full Reconveyance as of 2017/02/06. One oddity is that these documents were separately han...
by harikaried
Sat Feb 04, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1112

Re: Banking ATM card with no international ATM fees and foreign exchange fees

We use the Fidelity Cash Management ATM card: https://www.fidelity.com/cash-management/atm-debit-card It says there's a 1% foreign transaction fee on their website, but from personal experience and reports from others, that fee does not get applied to ATM withdrawals but will get applied when using ...
by harikaried
Fri Feb 03, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 33
Views: 3129

Re: Review after one month with Fidelity Cash Management

They are a brokerage offering banking services. The CMA is fundamentally a brokerage account And being explicit about their fine print for the CMA brokerage account, they recommend their "Fidelity Account" for full brokerage functionality, which seems to add the Margin feature and Options...
by harikaried
Fri Feb 03, 2017 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 33
Views: 3129

Re: Review after one month with Fidelity Cash Management

to clarify, I am referring to "cash available for withdrawal." You can see this amount on the manage cash page Yup, I'm quite familiar with that page with my previous testing. As of right now midnight eastern time Friday, there is no longer a "Deposits Not Yet Available to Withdraw&q...
by harikaried
Thu Feb 02, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab offering .03% ER
Replies: 75
Views: 2998

Re: Schwab reduces index mutual fund ER and trade commission

indexfundfan wrote:US total stock SWTSX ER 0.03%
International index SWISX ER 0.07%
Nice drop in expense ratios for the mutual funds. We actually moved away from Schwab partially because of these high expenses compared to their ETFs. For reference, the expenses used to be 0.09% for SWTSX and 0.19% for SWISX.

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