Search found 52 matches

by investor997
Mon Jun 26, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

FelixTheCat wrote:State Farm has this insurance. I tried to add this to my policy; I was denied because I live in a townhome.


State Farm offers this insurance to HOAs. Interesting that they refuse to offer it to the owner of a unit. This seems to imply that if anyone's to blame, the HOA is...
by investor997
Mon Jun 26, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 7141

Re: Where to find a financially like-minded significant other?

I was in a similar situation to OP several years ago - single engineer, mid-30s although I was in Southern California and not Silicon Valley. I did have the "pleasure" of living in Silicon Valley in the late 90s before determining it wasn't for me. My advice to OP: You're a male in a male-...
by investor997
Mon Jun 26, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

OP here. Only a single unit was affected. It doesn't share a common sewer line with the adjoining units, or at least the pipes don't join together until *after* the point where the pipe in question broke. The affected sewer line literally sheared apart underground, directly underneath the concrete d...
by investor997
Fri Jun 23, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

iamlucky13 wrote:I still think I would talk to a plumber about whether it's possible to install a backflow preventer on the sewer line coming out of your unit.


I don't think that would have prevented this from happening. The sewer line literally sheared apart underground and became clogged.
by investor997
Fri Jun 23, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

OP here. I just had another conversation with my insurance company. They *do not* offer a sewer back-up rider I can add to my existing condo policy. As it stands, if the same thing happened to me, I'd be screwed. Nothing I can do about it, at least not if I stay with my current insurance company (AA...
by investor997
Thu Jun 22, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

But I digress - the OP wants to cover himself against sewer backups in general, it sounds like. That would include sewer backups originating in his unit, so it sounds like a rider for that particular scenario is what he's looking for. By the way, it is common for homes with low elevation toilets or...
by investor997
Thu Jun 22, 2017 12:13 am
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

Good info. I'll have to check with the agent again. I specifically described to him the sewer back-up scenario and that's what I was looking to insure against. I'm not sure he knew what he was talking about.
by investor997
Wed Jun 21, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Re: Insurance snafu with sewer line break at condo

OP here. My neighbor (the flood victim) is pursuing matters through an attorney. I spoke with my insurance company and they said in order for them to cover this situation, I need flood insurance. Their standard condo policy won't cover it. My neighbor uses a different insurance company, however so I...
by investor997
Mon Jun 19, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2508

Insurance snafu with sewer line break at condo

Not me but a neighbor a few doors down... Would like to see if there's anything I can do to prevent the same happening to me. Two story attached condominium / townhome. The bottom floor floods when water starts pouring out of the toilet bowl in the downstairs bathroom. Flooring/carpet now needs repl...
by investor997
Thu Jun 15, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 5063

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

I'm considering this as well. Looking to buy a larger home but wouldn't mind input from the community. Existing property is a 2br/2.5ba townhome in a HCOL area. Recent comps are about $550K and average rents for this type of unit are approximately $2,500/mo. I own it outright. Assume I'd be doing a ...
by investor997
Mon Jun 12, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio suggestions for retired couple
Replies: 3
Views: 472

Re: Portfolio suggestions for retired couple

So they have a lot of money coming in as income (100k) now, but what happens to the pension should she die? The money can be invested per their asset allocation if they need it, or if their is no need for it whatsoever, invested as per the heir aa. In any event, they should not have so much cash in...
by investor997
Mon Jun 12, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio suggestions for retired couple
Replies: 3
Views: 472

Portfolio suggestions for retired couple

Hi all, I'm looking to help my parents invest their portfolio. They're well into retirement and all in all in pretty good shape, financially and otherwise. They're sitting on a decent amount of cash in the taxable space which continues to grow because they simply don't spend as much as they earn (co...
by investor997
Tue Jun 06, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to TD Ameritrade
Replies: 20
Views: 1090

Re: Schwab to TD Ameritrade

I accidentally bought some VTI in my Taxable account instead of my Roth IRA and immediately sold it and was charged a short term $19.99 trading fee. After I noticed my mistake I sent customer service a message explaining what happened and they refunded the trading fee to me within 24 hours. I tend ...
by investor997
Tue Jun 06, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to TD Ameritrade
Replies: 20
Views: 1090

Re: Schwab to TD Ameritrade

Question for those currently at TD buying the Vanguard/iShares ETFs on the freebie list: Have you ever been tripped up by the short-term holding period "gotcha"? The Schwab equivalent freebie ETFs (SCHB, SCHF, etc.) don't have any short term trading restrictions.
by investor997
Tue Jun 06, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Betterment to Vanguard - Need Advise
Replies: 16
Views: 1126

Re: Moving from Betterment to Vanguard - Need Advise

How much of your Betterment holdings are in a taxable account? They usually spread this across at least a half-dozen ETFs and possibly more if there's ever been a Tax Loss Harvesting event. My account had upwards of a dozen individual ETFs. Moving all of this into a single fund such as VTI at Vangua...
by investor997
Mon May 22, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Convert a Betterment taxable portfolio to a 3-fund portfolio
Replies: 5
Views: 714

Re: Convert a Betterment taxable portfolio to a 3-fund portfolio

I moved a taxable portfolio out of Betterment a few months ago. Betterment buys fractional shares so they won't transfer everything to your new brokerage "in-kind". All the fractional amounts will be left behind. You can either continue to let them ride with Betterment or you can liquidate...
by investor997
Fri May 12, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 18478

Re: Buying a luxury car (how dumb would it be to do this?)

Just a data point on leasing BMWs: In early 2007, I entered a 24 month lease on an E90 335i. I got a screaming deal ($0 cap cost reduction, very low money factor, very high residual) and did European Delivery on top of that. It was an awesome experience. The lease was up in January '09 right as we h...
by investor997
Sat May 06, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

I wrote that more in frustration that a clear example of someone going through this scenario, who on the surface appears to be in the same situation, is deemed irrelevant despite the OP asking for someone with real world experience. I understand that this situation can easily be applied to a marrie...
by investor997
Sat May 06, 2017 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Job Decision
Replies: 53
Views: 3775

Re: Job Decision

Take the job and keep looking. If you quit, you have zero leverage when it comes to negotiating your next job offer.
by investor997
Fri May 05, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

investor997, Unless I'm missing something, the people in ankylosaurus's case were unmarried and did the exact same thing you're considering doing: purchasing a house with a significant other. Earlier you said you were looking for practical advice from people have been in a similar situation to your...
by investor997
Fri May 05, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

To summarize, it appears these are common arrangements for these types of situations: 1) Tenancy in Common with no survivorship: Allows me to claim a larger ownership stake in the property but also requires me to specify in my will that my ownership stake transfers to my SO in the event of my death....
by investor997
Fri May 05, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

flyingbison wrote:Being unmarried helps many couples avoid the "marriage penalty."


OP here again. This is true in our case. I should have also stated in my original post that neither of us have or want children.
by investor997
Fri May 05, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

Don't do it. Here's a cautionary tale: A good friend of ours bought a house with her boyfriend about 10+ yrs ago. (They both owned property before and used proceeds towards this house). Well, their relationship was great, and statistically should have worked out for both of them (highly educated, e...
by investor997
Fri May 05, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

+1000. I was beginning to wonder if I'd stepped into a time warp back to the 1950s. OP, this is a relatively simple contractual matter, much simpler than dividing assets after a divorce. See a lawyer, or maybe two. Some lawyers may be uncomfortable representing both parties to a contract like this....
by investor997
Thu May 04, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

Have you considered just buying the entire house yourself and both of you live in it? It would seem very simple that way. I'll look more into this but my initial thought was for her to have some skin in the game. This is especially true since we live in a HCOL area. FYI - my condo worth somewhere i...
by investor997
Thu May 04, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

My girlfriend and I are considering buying a home together. We’re both in our 40s and we’re not planning on getting married. ... We live in California. Be very, very careful. California has a "palimony" doctrine that can result in a claim by one party against the other on grounds that the...
by investor997
Thu May 04, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Re: Unmarried couple purchasing a home?

If legal contracts are drawn up properly, how does this differ from two brothers (or total strangers for that matter) buying property together? Why should they be excluded from buying a house jointly? This is the crux of the biscuit. Without getting too deeply into moral or philosophical issues, wo...
by investor997
Thu May 04, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 4033

Unmarried couple purchasing a home?

My girlfriend and I are considering buying a home together. We’re both in our 40s and we’re not planning on getting married. We currently live together in a condo that I own outright. The idea would be to sell the condo and use it as the down payment. Obviously this means I’d be contributing way mor...
by investor997
Fri Apr 28, 2017 12:28 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting on a one fund portfolio
Replies: 6
Views: 730

Re: Tax Loss Harvesting on a one fund portfolio

Betterment's TLH algorithm bumped me out of VTI and into SCHB. My understanding is they're the same, yet different: VTI: The fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. st...
by investor997
Wed Apr 26, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 4339

Re: Porsche Lease

If you buy used research "Porsche RMS problems" before you do. Trust me on this one. With that said buy new to avoid those problems. I think you meant to say "Porsche IMS problems", referring to the intermediate shaft bearing failures on nearly every 911/Boxster/Cayman made from...
by investor997
Wed Apr 26, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 4339

Re: Porsche Lease

Porsches are a HUGE expense outside of warranty, FYI. Service is brutal. Not necessarily true. I own a 2010 911 Carrera S (hence my screen name). I bought it about two and a half years ago with 37K on the clock. Since that time I've had to do a 40K mile service on it. Dealerships and Indy mechanics...
by investor997
Mon Apr 17, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Electronic funds transfer between accounts [at brokerages]
Replies: 0
Views: 318

Electronic funds transfer between accounts [at brokerages]

My credit union offers the ability to transfer money to other account holders at the same credit union. They call it “Cross Member Transfer”. I’m pretty sure most of the major banks offer this as well. Quite handy when it comes to sending money to family members, etc. Which of the major brokerages (...
by investor997
Fri Apr 14, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22847

Re: Tesla Model 3 or Chevy Bolt?

Are you aware that the Chevy Bolt is smaller than the Nissan Leaf? And the article below says it has not been selling very well - less than 1000 vehicles a month for the last couple of months. http://www.mercurynews.com/2017/04/03/why-the-chevrolet-bolt-238-mile-all-electric-car-is-off-to-a-sluggis...
by investor997
Fri Apr 07, 2017 11:07 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 161922

Re: Tesla S

That is true for any luxury car. Seriously do this math with a CLS/S7/m6 grand coupe or any of the simliar 90-100k gas powered cars that the model S competes with. They will all lose ~40k over 2-3 years. If you care about $/mile, expensive cars will never be a good deal I agree. Any of those megaca...
by investor997
Fri Apr 07, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 161922

Re: Tesla S

A local Acura dealer is selling a 2014 Model S P85 w/ 17,162 miles on the odometer. Asking price is $59,496. Someone correct me if my math is wrong: MSRP = $99,770 CA Sales Tax 7.75% = $7,732 CA + Fed EV tax credits = ($10,000) Net Purchase Price: $97,502 ($97,502-$59,496) / 17,162 = $2.21/mile depr...
by investor997
Thu Apr 06, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Selling A Semi-Valuable Vehicle
Replies: 12
Views: 1451

Re: Selling A Semi-Valuable Vehicle

Thanks for the tips. To clarify from previous questions I have clear title. How lowball would the CarMax offer typically be since it seems safe and quick? Closest one is 130 miles Away so I don't want to waste my time if it's going to be silly. The last time I sold a car I had it appraised at a Car...
by investor997
Thu Apr 06, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is robo for me?
Replies: 34
Views: 2956

Re: Is robo for me?

I'm a recent Betterment refugee after investing with them for two years. My thoughts: Part of the value in the management fee is the ability to buy ETFs commission free on a regularly scheduled basis (ie, automatic transfers from checking) and Tax Loss Harvesting. For a taxable account, this made se...
by investor997
Wed Apr 05, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Selling A Semi-Valuable Vehicle
Replies: 12
Views: 1451

Re: Selling A Semi-Valuable Vehicle

I'll repeat what I posted recently in another thread. Craigslist, Auto Trader and Cars.com are all effective, though you'll get bombarded with lowball cash offers from people before even asking to see the car. Ignore them all. When it comes time to sell, meet your buyers in a public location with lo...
by investor997
Wed Apr 05, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: Auto Accident File claim or not?
Replies: 19
Views: 1412

Re: Auto Accident File claim or not?

I recently went through a similar situation, although I was the "victim" in this case. A 17-year old kid was in space cadet mode and sideswiped me. Completely his fault. The police arrived and we exchanged information. About 20 minutes after going our separate ways, the kid's father called...
by investor997
Wed Mar 29, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Selling Car - Private Sale vs CarMax vs Dealer
Replies: 66
Views: 11173

Re: Selling Car - Private Sale vs CarMax vs Dealer

I've bought/sold several cars private party using Craigslist, Auto Trader and Cars.com. Be prepared to deal with flakes and lowballers on Craigslist. It's a hassle, but if you can deal with it you'll get a lot more than you would from Carmax. They made me a $9K offer on a car that I sold private par...
by investor997
Sat Mar 25, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Advice for Used Car Buying
Replies: 26
Views: 2306

Re: Advice for Used Car Buying

I bought my previous two cars from private parties on Craigslist and Cars.com. I've had good luck doing this and I like being able to interview the previous owner to get a sense of how good they were with maintenance. You do need to be aware of typical Craigslist-style scams; ALWAYS run Carfax repor...
by investor997
Sun Mar 12, 2017 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Fund Return vs. ER comparison?
Replies: 20
Views: 1229

Re: Fund Return vs. ER comparison?

Thank you for the detailed response. Very helpful.

pkcrafter wrote:Investor997, do you have any other tax-advantaged accounts like an IRA or Roth? If so, you could put total international in there.

Paul


I do, and in fact I have quite a bit of international exposure in a Roth IRA (VEA and VWO).
by investor997
Sat Mar 11, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Fund Return vs. ER comparison?
Replies: 20
Views: 1229

Re: Fund Return vs. ER comparison?

Perhaps someone can offer commentary on this example: FDIVX is an actively managed fund with an ER of 0.92%. FSPNX is a passive fund with ER of 0.06%. According to the chart at this link, the two funds have tracked each other very closely over the past decade with the higher expense fund, FDIVX, pe...
by investor997
Fri Mar 10, 2017 7:10 pm
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 191
Views: 18059

Re: Betterment just raised their costs.

Well the deed is almost done. I expect the paperwork to arrive at Vanguard Monday (Post office lost the first batch :oops: ). I followed through with an in-kind transfer. Funny thing is as I recently watched the CEO on a thread here on the board, I found I dislike the fellow. It made it easier to c...
by investor997
Fri Mar 10, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fund Return vs. ER comparison?
Replies: 20
Views: 1229

Re: Fund Return vs. ER comparison?

Perhaps someone can offer commentary on this example: FDIVX is an actively managed fund with an ER of 0.92%. FSPNX is a passive fund with ER of 0.06%. According to the chart at this link, the two funds have tracked each other very closely over the past decade with the higher expense fund, FDIVX, per...
by investor997
Fri Mar 10, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: School me on Post-Tax 401k contributions and in-service rollovers
Replies: 3
Views: 348

Re: School me on Post-Tax 401k contributions and in-service rollovers

⋅ Yes, if you rollover both the after-tax contributions and pre-tax earnings to a Roth IRA, the earnings are taxable income. ⋅ As long as you rollover both the after-tax contributions and earnings to a Roth IRA, they are not included in any pro-rata calculations. There is no int...
by investor997
Fri Mar 10, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: School me on Post-Tax 401k contributions and in-service rollovers
Replies: 3
Views: 348

School me on Post-Tax 401k contributions and in-service rollovers

Bogleheads community, I’m looking for guidance on my current situation: 1. Due to my status as a highly compensated employee (HCE), my employer limits 401k contributions to 8% pre-tax and 6% post-tax. Several years ago I was contributing post-tax although I subsequently stopped and at present I only...
by investor997
Tue Mar 07, 2017 2:45 am
Forum: Investing - Help with Personal Investments
Topic: Getting old and need advice on retirement goal & planning
Replies: 17
Views: 1699

Re: Getting old and need advice on retirement goal & planning

What's the property tax basis on the Irvine condo? Unless you bought it over 15 years ago and Proposition 13 has you locked into a low annual property tax bill, I'm not sure why you're keeping it. Who knows how you'll feel 15 years from now... maybe you won't want to live there anyway. I say dump th...
by investor997
Sat Feb 25, 2017 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 30
Views: 2874

Re: Betterment, $500k in cash, no taxable events to transfer?

I'm in the process of moving two accounts out of Betterment (Roth IRA and taxable). The sudden fee increase from 0.15% to 0.25% is what did it. It wiped out the trust I had in them. Who's to say they won't jack up the fees again? Not worth the risk of leaving it in there. As far as Betterment altern...
by investor997
Mon Feb 20, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 191
Views: 18059

Re: Betterment just raised their costs.

For those who've moved accounts out of Betterment, any recommendations? How aboutTD Ameritrade. Most of the ETFs in my existing Betterment taxable account are on TD Ameritrade's commission-free list. Cost-efficient, but as best as I can tell there's no way to set up automated, periodic buying of ETF...

Go to advanced search