Search found 761 matches

by indexonlyplease
Wed Sep 20, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Lease vs. Buy debate with a twist...
Replies: 33
Views: 2210

Re: Lease vs. Buy debate with a twist...

Leasing was something the finance gurus came up with to get you to purchase a car every 3 years. There is not benefit to you. Unless like most you can't afford the BMW but you can afford to Lease it. +1 your paying for the depreciation/services + profit for the dealer with a lease. Seriously consid...
by indexonlyplease
Wed Sep 20, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing. 450k cash
Replies: 33
Views: 2736

Re: New to Investing. 450k cash

With the $3600 a month can you still max out your 401k and Roth IRA. What is your desired AA. Lets say 50 percent stocks and 50 fixed income. You could invest 200k into stocks funds and 200k into your mortgages. You just saved 3.65% on your fixed income. Also, lowered your payment. Just an idea, I ...
by indexonlyplease
Wed Sep 20, 2017 6:08 am
Forum: Personal Consumer Issues
Topic: Lease vs. Buy debate with a twist...
Replies: 33
Views: 2210

Re: Lease vs. Buy debate with a twist...

To much though into owning a car. A car is to get you where you need to be. You can also use a bike. They depreciate less. How about just buying what you need. Can you pay cash? Then buy the car with cash. Most people buy more car when they lease because of the lower payment. If you are FI then buy ...
by indexonlyplease
Wed Sep 20, 2017 5:48 am
Forum: Investing - Help with Personal Investments
Topic: New to Investing. 450k cash
Replies: 33
Views: 2736

Re: New to Investing. 450k cash

With the $3600 a month can you still max out your 401k and Roth IRA. What is your desired AA. Lets say 50 percent stocks and 50 fixed income. You could invest 200k into stocks funds and 200k into your mortgages. You just saved 3.65% on your fixed income. Also, lowered your payment. Just an idea, I d...
by indexonlyplease
Tue Sep 19, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: New BOA Premium Rewards Card
Replies: 29
Views: 1550

Re: New BOA Premium Rewards Card

My wife and I use BOA cash rewards card for everything. Every January I go online and request the rewards in cash to be deposited into my checking Account. I get a 75% bonus. I forget exactly why I get the bonus but it is either from keeping a certain amount of money in your accounts. Not sure of t...
by indexonlyplease
Tue Sep 19, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: New BOA Premium Rewards Card
Replies: 29
Views: 1550

Re: New BOA Premium Rewards Card

My wife and I use BOA cash rewards card for everything. Every January I go online and request the rewards in cash to be deposited into my checking Account. I get a 75% bonus. I forget exactly why I get the bonus but it is either from keeping a certain amount of money in your accounts. Not sure of th...
by indexonlyplease
Tue Sep 19, 2017 4:35 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 265
Views: 21655

Re: Name something you had to have and now you regret purchasing it?

This brings up an interesting question. If paying for experiences is more satisfying than paying for goods, then is wasting money on experiences that don't happen more demoralizing than wasting money on goods that are not used. Yes, because the goods can always be returned or given to someone who w...
by indexonlyplease
Tue Sep 19, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Bond return negative. CD or money market alternative.
Replies: 30
Views: 2989

Re: Bond return negative. CD or money market alternative.

OP, My AA is 60/40 including my emergency fund. My year to date return for my portfolio is 8.96%. So, why should I care the individual piece inside my portfolio? It is the portfolio return that is the important part. Yes, I am buying the total bond fund and intermediate term treasury with my new mo...
by indexonlyplease
Tue Sep 19, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Invest in CDs rather than bonds
Replies: 9
Views: 990

Re: Invest in CDs rather than bonds

P. P. S. You say "no fees" for the bank CD. Are you sure? I once had a bank try to charge me a $20 fee for cashing in a CD at maturity rather than rolling it over. I charged into the bank waving the thing they'd mailed me and made a fuss about it and they waived the fee in order to get rid of me, b...
by indexonlyplease
Tue Sep 19, 2017 7:34 am
Forum: Personal Consumer Issues
Topic: Convertible in Florida or not...
Replies: 36
Views: 1989

Re: Convertible in Florida or not...

I live in South Florida and could not immagine owning a convertble. It is way to hot to even think about putting downn the top. I have friends with convertibles and they only purchased them because they like the way the car looks. Maybe in January, February you can put the top down at night time. So...
by indexonlyplease
Tue Sep 19, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Take The Lump Sum or The Immediate Annuity?
Replies: 22
Views: 1798

Re: Take The Lump Sum or The Immediate Annuity?

I have to make a decision shortly to take my pension plan as a lump sum of $197,800 or an immediate annuity for myself of $1,170/mo. Looking at Vanguard's annuity calculator they offer $1,085/mo. I'm 65 in good health, married to a 60 wife, no children, both retired and taking social security at 70...
by indexonlyplease
Tue Sep 19, 2017 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

I just looked at my statements online for the last 3 months. What I noticed now is they are taking the .08% each month. In the pass I believe this was hidden in the funds. Nationwide must of been getting a cut of the er fees. Now with all index funds and lots of Vanguard there is now room in the er...
by indexonlyplease
Mon Sep 18, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 62
Views: 4212

Re: What is FI if you love your job? [Financial Independence]

Enjoying your job is a great benefit to being successful in life. So just invest, become debt free, travel and enjoy a long the way. Then in about 20 plus years you can make that decision. Things change along the way. In 20 plus years you may say to yourself I am FI and want to pursue my hobbies. Or...
by indexonlyplease
Mon Sep 18, 2017 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

I just looked at my statements online for the last 3 months. What I noticed now is they are taking the .08% each month. In the pass I believe this was hidden in the funds. Nationwide must of been getting a cut of the er fees. Now with all index funds and lots of Vanguard there is now room in the er ...
by indexonlyplease
Sat Sep 16, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Re: Reinvesting dividend in Tax Account

Ok I am understanding.

Thanks for the help
by indexonlyplease
Sat Sep 16, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Re: Reinvesting dividend in Tax Account

I'm not sure what exactly you are asking. Unrealized capital gains are not taxed. Only realized capital gains flow to one's tax return. Presumably your children have determined each and every year whether they were required to file a tax return and did so in those years they were required to do so....
by indexonlyplease
Sat Sep 16, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Re: Reinvesting dividend in Tax Account

Follow up on Tax Gain Harvesting. We read the Wiki here. So it looks like we could sell up to his yearly income in capital gains. Since this was a UTMA is he taxed on all capital gains made before age 21 (Florida UTMA). Or do the capital gains and dividends start now on his taxes? Also, is the Tax G...
by indexonlyplease
Thu Sep 14, 2017 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Re: Reinvesting dividend in Tax Account

Good information. I will start keeping records. Another question: My 2 sons UTGMA accounts, should I have also keep track of the shares purchased. I invest $100 a month into their Vanguard accounts. I have been doing this for a long time. They are now 18,21. Never kept track of purchases. Both still...
by indexonlyplease
Wed Sep 13, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Re: Reinvesting dividend in Tax Account

Meaning set up an excel sheet to keep track of each purchase of shares and cost??

And this is for tax purpose when you sell in future??
by indexonlyplease
Wed Sep 13, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividend in Tax Account
Replies: 14
Views: 1138

Reinvesting dividend in Tax Account

This year I started putting money into the Vanguard Total Stock Market. Taxed advantage maxed out and needed to increase the equity of my AA. The question is do I reinvest the dividend or request to put somewhere else. I read this topic but not sure. I would like to keep it simple and just reinvest ...
by indexonlyplease
Tue Sep 12, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Is Amex Platinum worth the high fees?
Replies: 48
Views: 4733

Re: Is Amex Platinum worth the high fees?

I just heard on the radio the other day that only 10% of people use their air miles. Can't imagine payng for a credit card. No matter what they offer. Most don't use because they never get enough miles to get a free ticket. The last I checked I couldn't find anywhere to use my 25k miles I have at A...
by indexonlyplease
Sat Sep 09, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

There are several Vanguard funds with low ERs in this 457 - happy with that. The additional fees are the problem. Employer is local government, 10K employees. Anyone have thoughts about transferring everything to my Vanguard IRA when I leave/semi-retire? The only reason I can think to stay in the 4...
by indexonlyplease
Sat Sep 09, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: "The Market" Portfolio
Replies: 26
Views: 2867

Re: "The Market" Portfolio

Sharpe calls his market portfolio a practical approximation of the economics market portfolio. Unfortunately, Barclays doesn't provide market values, so you would need to use Citi index market values even though you're using Vanguard bond funds which follow Barclays indexes. At 43% bonds, right now...
by indexonlyplease
Sat Sep 09, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5051

Re: "Fear of Finance?" AARP interview with Jack Bogle

Great interview. I just looked at our investment portfolio. Mr. Bogle recommended limiting international to 20% of the portfolio. We allocate 70% to stocks and 30% to bonds. International is 40% of equity. This works out to 20% of the overall investment portfolio. Thank you Mr. Bogle. That's what i...
by indexonlyplease
Sat Sep 09, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance when not in flood plain?
Replies: 39
Views: 3232

Re: Flood Insurance when not in flood plain?

I don't live in a flood zone in south florida. But for $400 dollars a year why take the gamble. Like Rupert stated other local problems could occur. My cousin called me to tell me he paid off his house last year. Then he dropped the house insurance. His is sh____ in his pants with Hurricane Irma on ...
by indexonlyplease
Sat Sep 09, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: fixed income question
Replies: 3
Views: 612

fixed income question

I understand that the fixed income is there for security reasons and income that is needed during retirement. Also, bonds paying poorly now. Which I assume could be normal for a long time. The question is why not for the fixed income TIPs only. If inflation is always a concern will TIPs keep your re...
by indexonlyplease
Sat Sep 09, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

These changes are most likely specific to your employer's contract with Nationwide. The employer's contract with the 457 custodian sets up the fees that the custodian can charge and the fund lineup available to employees. To provide a contrast, the California Savings Plus Program (SPP), which provi...
by indexonlyplease
Sat Sep 09, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

I think the bigger the better fees and if you have compentent government in HR who manages the plan, they will get you a better plan with lower fees. The county I work for has over 30,000 employees. The HR dept was clueless when I talked to them years ago about a more index fees. I think Nationwide ...
by indexonlyplease
Sat Sep 09, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Re: Nationwide 457 plan changes

I think the bigger and better fees and if you have compentent government in HR who manages the plan, they will get you a better plan with lower fees. The county I work for has over 30,000 employees. The HR dept was clueless when I talked to them years ago about a more index fees. I think Nationwide ...
by indexonlyplease
Sat Sep 09, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: New home: 30% increase in construction supplies due to hurricane -- [frustrated]
Replies: 10
Views: 1651

Re: New home: 30% increase in construction supplies due to hurricane -- [frustrated]

I had the same problem years ago with hurricane Katina (I believe that one). I was under contract with a house in Fort Myers, FL. It was going to be a second home for us. After the storm construction prices went crazy and delayed the building of the home for 2 years. Then the housing market was cras...
by indexonlyplease
Sat Sep 09, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3259

Re: Should I do 20 or 25 Year Term Life Insurance?

I woud do 30 year since it will be cheaper now. When it expires you will be FI and won't need it. I had a 20 year plan when my son was born. I had to purchase another 20 yr when it expired. Lot more expensive even with premium plan. Now this will take me into 70. I do consider myself FI but at 50 I ...
by indexonlyplease
Sat Sep 09, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Nationwide 457 plan changes
Replies: 17
Views: 1177

Nationwide 457 plan changes

For those of you who have govenment jobs and have a 457 plan, Nationwide may have change your fees. Some changes occurred in June that I understand now. All plans are different so you will have to call. I received a letter. 1. You may now have better fund choice. Mine went to 100% index funds lots o...
by indexonlyplease
Sat Sep 09, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8310

Re: For those planning early retirement....

I retired last year for 3 months went back to work for 3 months then retired again at age 52. So my real retiremnet has been 8 months. Nothing in my life has changed except I don't get up early to go to work. Many years ago my wife's mom told us to save but enjoy life along the way. She was right be...
by indexonlyplease
Sat Sep 09, 2017 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Best book for planning your retirement?
Replies: 20
Views: 2802

Re: Best book for planning your retirement?

At least when thinking about withdrawal rate, I would recommend this "e-book": https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ because it covers all the other books and studies in a clear way. So read this one first. As for the financial stuff: Ja...
by indexonlyplease
Sat Sep 09, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: Best book for planning your retirement?
Replies: 20
Views: 2802

Re: Best book for planning your retirement?

I am planning on retiring in about 10 years and figure I better start planning the details now. If you could recommend one book on retirement, what would it be? Thanks! Are you a season ticket holder?? If you are awesome. I love that stadium. That is a great way to spend retirement. Red Sox Games. ...
by indexonlyplease
Fri Sep 08, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: "The Market" Portfolio
Replies: 26
Views: 2867

Re: "The Market" Portfolio

Sharpe calls his market portfolio a practical approximation of the economics market portfolio. Unfortunately, Barclays doesn't provide market values, so you would need to use Citi index market values even though you're using Vanguard bond funds which follow Barclays indexes. At 43% bonds, right now...
by indexonlyplease
Fri Sep 08, 2017 2:18 pm
Forum: Investing - Theory, News & General
Topic: "The Market" Portfolio
Replies: 26
Views: 2867

Re: "The Market" Portfolio

All of my stock/bond holdings are in Sharpe's market portfolio . I read a little about Sharp and market portfolio. Really don't get it yet. Can you explain the bold meaining to me if possible in a short version. Thanks I'll take a stab at this, only because I have read about it. I am not an authori...
by indexonlyplease
Fri Sep 08, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: "The Market" Portfolio
Replies: 26
Views: 2867

Re: "The Market" Portfolio

Sharpe calls his market portfolio a practical approximation of the economics market portfolio. Unfortunately, Barclays doesn't provide market values, so you would need to use Citi index market values even though you're using Vanguard bond funds which follow Barclays indexes. At 43% bonds, right now...
by indexonlyplease
Tue Sep 05, 2017 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Invest in U.S. ETFs Now?
Replies: 25
Views: 2060

Re: Invest in U.S. ETFs Now?

I beat myself up on the same problem. I did the hold for 6 months review what I wanted to do with the money and than ask the question here. Most came up with the idea of just buy into my AA every month. So, I put the money into the Vanguard MM. Then each month it automatically purchase funds on the ...
by indexonlyplease
Tue Sep 05, 2017 7:17 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15897

Re: [Are the Bogleheads] getting less interesting?

Just fixed my post from deathly to wealthy.

Wow, I need to remember to proof read.
by indexonlyplease
Tue Sep 05, 2017 7:00 am
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

Of course when he bought the beach house in 1971 he put 20% down and took out a mortgage - despite having more than enough to buy it outright if he wanted. I know there are so many thought on home ownership. But the best I think is owning what you need. Not what looks good to your neighbor. And the...
by indexonlyplease
Mon Sep 04, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

The house Buffett lives in is not a giant house on a huge estate, but it's a lot larger and nicer than what you might think if you saw the typical photograph of that makes it look like a snug little bungalow. It's also not his only house. http://media1.s-nbcnews.com/j/MSNBC/Components/Photo/_new/12...
by indexonlyplease
Mon Sep 04, 2017 7:16 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

And they are all paid for. If only we could do the same. I think that is my house on the left. Of course when he bought the beach house in 1971 he put 20% down and took out a mortgage - despite having more than enough to buy it outright if he wanted. I know there are so many thought on home ownersh...
by indexonlyplease
Mon Sep 04, 2017 4:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15897

Re: [Are the Bogleheads] getting less interesting?

I think this post is way wrong. WHY? To invest propery you constantly need to be reminded why you invest this way. Someone may read something and then think they found a better way to invest. But then they come here and are reminded how the Bogleheads invest. Then they continue to invest the Bogle w...
by indexonlyplease
Mon Sep 04, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

Buffet lives in the same house he purchased in the 70's. Talk about saving interest. The house Buffett lives in is not a giant house on a huge estate, but it's a lot larger and nicer than what you might think if you saw the typical photograph of that makes it look like a snug little bungalow. It's ...
by indexonlyplease
Mon Sep 04, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Dealing With Inherited Investments
Replies: 16
Views: 1999

Re: Dealing With Inherited Investments

Googling for "stock BSHPRA" found a bloomberg page that listed the correct name. Googling for "BRE Select Hotels Corp" led me to a site with an Investor relations page, including download links for recent financial statements . Also, there are some SEC filings available here . I started laughing wh...
by indexonlyplease
Mon Sep 04, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

Buffet lives in the same house he purchased in the 70's. Talk about saving interest. The house Buffett lives in is not a giant house on a huge estate, but it's a lot larger and nicer than what you might think if you saw the typical photograph of that makes it look like a snug little bungalow. It's ...
by indexonlyplease
Mon Sep 04, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: 20% international question
Replies: 22
Views: 1904

Re: 20% international question

Yes, I just read on Paul Merrman's site that 50 international had the same return as 30% international. With the same risk.
by indexonlyplease
Mon Sep 04, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

When I was buying a home, I was continuously told to go for something big and expensive because well the interest rates are so low. If a realtor was the person telling me this, in the back of my mind I would be thinking they only want a bigger commission. As a seller for a deceased relative's prope...
by indexonlyplease
Mon Sep 04, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6205

Re: The "interest rates are so low....why would you"arguments

Zuckerberg and Buffet both have/had mortgage on some of their properties. They are both in the very wealthy category. I think it is a big mistake when the average person compares themself to the Billionaires. They can do what every they want. Buffet lives in the same house he purchased in the 70's....