Search found 3685 matches

by mptfan
Tue Jul 26, 2016 7:21 pm
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 180
Views: 10136

Re: Another look at corporate bonds

saltycaper wrote:I don't know all of the places it is written--probably not on subway walls and tenement halls--but definitely more places than books by Larry Swedroe.

Could you cite those places?
by mptfan
Tue Jul 26, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 180
Views: 10136

Re: Another look at corporate bonds

More risk for sure. But so is our Stock Market holdings. And stocks are much riskier in my opinion, but nobody is saying don't own the market now , are they,... I agree. People who say that high yield corporate bonds are too risky are being inconsistent if they simultaneously hold stock funds becau...
by mptfan
Mon Jul 25, 2016 4:09 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 122
Views: 5965

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

For heaven's sake, isn't 90% enough? Why is it so important to be at 100%? Is the extra 10% going to matter all that much? Why? This cuts both ways... if 10% does not matter all that much, why not just be at 100%? What is the point of having 10% bonds if it doesn't matter all that much, just keep i...
by mptfan
Sun Jul 24, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Applying for mortgage, better to pay zero interest debt?
Replies: 6
Views: 375

Re: Applying for mortgage, better to pay off low interest debt?

But paying off this loan would also significantly reduce my total debt and I worry that it would have a detrimental effect on my credit score. You are worrying about something that is not true. The amount of your total debt does not affect your credit score... ok, it can to a very small extent beca...
by mptfan
Thu Jul 21, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: in a digital world, why does "cash" have a storage cost?
Replies: 22
Views: 1448

Re: in a digital world, why does "cash" have a storage cost?

liability. if the money is not there when you want to take it out, who is going to be responsible? i would not take on that responsibility if i am not getting paid for it. +1. In addition, the computer infrastructure used to store the "digital cash" is not free by any means. It would be i...
by mptfan
Thu Jul 21, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 55
Views: 5683

Re: Charles Schwab Checking + Brokerage Account

Great news; thanks! I wonder, can you bill pay out of the brokerage account as well? Yes, you can. My understanding is that Schwab has the capability of setting up the bill pay features on either the brokerage account or the bank account, but they do not allow you do set it up on both accounts at t...
by mptfan
Thu Jul 21, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: Discussing investing with spouse
Replies: 39
Views: 2319

Re: Discussing investing with spouse

Rupert wrote:Some people just want to be told what to do and don't care to learn about investments. They're just not interested, and you can't make them change.

+1. Fighting reality is a fool's errand.
by mptfan
Mon Jul 18, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 55
Views: 5683

Re: Charles Schwab Checking + Brokerage Account

RyeWhiskey wrote:I'm aware that you can do so from Schwab; I'm saying the inverse: moving cash from a credit union checking account INTO Schwab brokerage.

I edited my post to clarify that I have not done the inverse.
by mptfan
Mon Jul 18, 2016 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 55
Views: 5683

Re: Charles Schwab Checking + Brokerage Account

I'm not sure if you can transfer funds from a credit union (or bank) checking account into a brokerage account... I think that you can. I have not transferred from my credit union directly to my brokerage account, but I have transferred funds from my Schwab brokerage account directly to my credit u...
by mptfan
Mon Jul 18, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 55
Views: 5683

Re: Charles Schwab Checking + Brokerage Account

Keep in mind that you can simply open up a Schwab One brokerage account and enable the cash management features. These features include a debit card, free checks, and bill pay. Thank you for pointing this out. My views on banking and cash management has evolved recently... Not long ago I questioned...
by mptfan
Mon Jul 18, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Term Life
Replies: 14
Views: 996

Re: State Farm Term Life

Do not buy any life insurance other than the typical term life policy. Avoid "return of premium" policies or any other such things that cost more money because it is always a bad deal for you. Always keep insurance and investing separate.
by mptfan
Mon Jul 18, 2016 1:03 pm
Forum: Investing - Theory, News & General
Topic: Long term bond funds
Replies: 26
Views: 2233

Re: Long term bond funds

This is thing what I'm trying to understand. Let's assume one is retired and interested in income. He has long term bonds fund what is paying more dividends, so this condition is met. Now, rate goes up. Nav goes down. But since one is not going to sell bonds, Nav not really important at the moment,...
by mptfan
Sat Jul 16, 2016 1:58 pm
Forum: Personal Consumer Issues
Topic: Mother was victim of online virus scam - How can she recover the money she paid?
Replies: 56
Views: 5081

Re: Mother was victim of online virus scam - How can she recover the money she paid?

jwblue wrote:What exact law did the company break with this scam?

None that I am aware of, it sounds like they charged a fee for a service rendered.
by mptfan
Fri Jul 15, 2016 10:27 am
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 180
Views: 10136

Re: Another look at corporate bonds

MPTFAN Higher yield isn't sufficient justification, you need to also look at how risks mix, and of course costs. Like I said, I find it hard to make an argument for including them when CDs are available, there just isn't any evidence to support it Larry, you are entitled to your opinion, but when y...
by mptfan
Fri Jul 15, 2016 9:16 am
Forum: Investing - Theory, News & General
Topic: Another look at corporate bonds
Replies: 180
Views: 10136

Re: Another look at corporate bonds

larryswedroe wrote:Hard to see the argument for them

Larry

It's quite easy to see the argument for them...corporate bonds pay higher dividends than treasury bonds. You may not agree with the argument, but I assume you can at least see it?
by mptfan
Fri Jul 15, 2016 9:09 am
Forum: Personal Consumer Issues
Topic: Passwords
Replies: 64
Views: 3679

Re: Passwords

If someone hacks your personal bank account, you would actually not be liable, assuming you took some care in protecting your log in information. It's not that simple. You have a limited period of time within which to report unauthorized activity to the bank, usually 60 days from the time you recei...
by mptfan
Thu Jul 14, 2016 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I still scared ? Is it actually normal ?
Replies: 61
Views: 8027

Re: Why am I still scared ? Is it actually normal ?

Abe wrote:Some people just worry. :beer

Exactly. If it is in your nature to worry, you are going to worry, whether it is justified or not. It's as simple as that.
by mptfan
Thu Jul 14, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: Passwords
Replies: 64
Views: 3679

Re: Passwords

LastPass and KeePass and their ilk have withstood a lot of scrutiny and have specialists trying to keep them secure. That's whey the lastpass breach didn't actually leak any user passwords, because the Lastpass folks knew how to store your data securely. They recommended changing passwords as a pre...
by mptfan
Thu Jul 14, 2016 10:55 am
Forum: Personal Consumer Issues
Topic: Passwords
Replies: 64
Views: 3679

Re: Passwords

If you are using different passphrases for each site, then how do you remember them all unless you are a savant or are they not really random? Or do you keep them written down on paper where they could be stolen. Please tell me you don't keep them in Excel! I use different passphrases for my bank a...
by mptfan
Thu Jul 14, 2016 9:22 am
Forum: Personal Consumer Issues
Topic: Passwords
Replies: 64
Views: 3679

Re: Passwords

I am uncomfortable giving my passwords to a company or third party software, or, allowing a company or software to generate passwords for me to access my asset accounts. Companies can be hacked. LastPass was hacked... http://lifehacker.com/lastpass-hacked-time-to-change-your-master-password-17114635...
by mptfan
Tue Jul 12, 2016 9:07 am
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2901

Re: What is your taxable account investing strategy?

Thanks for debunking the myth. The only reason I dont have that strategy is because I dont have mortgage debt, I have some auto debt but I am willing to risk cash for better return instead of paying off the loan. I said all debt... I have auto debt too, and I plan to pay off all debt, including aut...
by mptfan
Mon Jul 11, 2016 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2901

Re: What is your taxable account investing strategy?

My strategy is to pay off all debts, including mortgage debt, before investing in accounts that are not tax advantaged. You realize you are paying 3.5% on your mortgage, minus a tax deduction....call it 2.75%. Do you expect equities to return less than 2.75% over the life of your remaining mortgage...
by mptfan
Mon Jul 11, 2016 9:46 am
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2901

Re: What is your taxable account investing strategy?

My strategy is to pay off all debts, including mortgage debt, before investing in accounts that are not tax advantaged.
by mptfan
Fri Jul 08, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 145
Views: 8658

Re: How many of you have cut cord?

chabil wrote:The debates were all on cable. Ok they were more entertainment for than intellectual but still ... It is the reality. The Dem debates actually were interesting.

You can watch the debates the next day for free on YouTube.

https://www.youtube.com/results?search_ ... ic+debates
by mptfan
Tue Jul 05, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice

The only time I could see them actually wanting to hear the case is if there was some type of maliciousness or personal gain in the handing out of fines/punishments. Maybe the board member is your next door neighbor and they don't care for your dog or your kids so they're handing out penalties to y...
by mptfan
Mon Jul 04, 2016 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Ever Feel Unworthy of Growing income?
Replies: 34
Views: 3371

Re: Ever Feel Unworthy of Growing income?

People get paid for various things: 1) Hard work 2) Unpleasant work 3) Risky work 4) Long periods of education 5) Having rare skills 6) Being in a field where money is plentiful (i.e. health care, finance etc rather than government work in a poor county) 7) Being smart enough to see opportunity Don...
by mptfan
Sat Jul 02, 2016 2:21 pm
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice

I'm pretty sure even if you sued them in small claims court, once they're served they have a chance to answer the lawsuit. They can simply cite the law that members of an HOA board cannot be sued personally for their decisions as members of the board and the judge will likely not even set a date fo...
by mptfan
Fri Jul 01, 2016 1:45 pm
Forum: Investing - Theory, News & General
Topic: A look at REITs, and a new study
Replies: 52
Views: 4383

Re: A look at REITs, and a new study

Never understood the attraction of REITs. Just another stock category, so how is it any different from overweighing health or tech stocks? Because REITs have a much lower correlation to the stock market than any other stock market sector. Although they are stocks, they are really a hybrid of stocks...
by mptfan
Fri Jul 01, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 145
Views: 8658

Re: How many of you have cut cord?

I cut the cable tv cord about 2-3 years ago and I am glad that I did. I no longer pay for cable TV. I get my TV content from the following sources: 1. Over the air channels with a rabbit ear antenna in my attic. I get about a dozen or so very good and clear channels with good content, and my favorit...
by mptfan
Fri Jul 01, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice

Don't know about other states, but in PA individual members of the board cannot be personally sued for their actions as members of the board. You do not understand how the legal system works. I accept your representation that there is a law that protects individual board members in PA, but that doe...
by mptfan
Thu Jun 30, 2016 10:36 am
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice

I wonder how they plan to enforce their ruling. Do they expect the lifeguard to physically restrain someone or do they intend to call the police if someone or another actually jumps in the pool again? Maybe actually entering the pool somehow constitutes trespass, but I am sure I don't know about th...
by mptfan
Thu Jun 30, 2016 9:50 am
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice

Maybe actually entering the pool somehow constitutes trespass, but I am sure I don't know about that one way or the other. I am confident that it would not constitute a trespass. An owner within a community has property rights that include common ownership of the common areas and is not trespassing...
by mptfan
Thu Jun 30, 2016 9:36 am
Forum: Personal Consumer Issues
Topic: Not legal advice [Seeking advice about HOA ban on swimming pool use]
Replies: 62
Views: 5600

Re: Not legal advice [Seeking advice about HOA ban on swimming pool use]

I don't know what the rules of your HOA or your convenants and restrictions say, and the laws on this subject can vary by state, but in my opinion, the practical reality is that they cannot physically remove you from the pool area even if they do have the technical authority to ban you from the pool...
by mptfan
Wed Jun 29, 2016 7:17 pm
Forum: Personal Consumer Issues
Topic: Need help getting Gmail back
Replies: 31
Views: 2508

Re: Need help getting Gmail back

For future reference, keep a copy of the backup codes. Also, use the Google Authenticator app for 2 factor authentication instead of texts. Also, you can designate more than one phone number for verification.
by mptfan
Mon Jun 27, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 11460

Re: What did you learn from the post-Brexit bloodbath?

I learned that it wasn't a bloodbath. +1. One of my pet peeves is how the media exaggerates the severity of market fluctuations. I often read things like this... "The market [referring to the Dow] plunged 200 points today" or "The market continued its rout for the second day with a 3...
by mptfan
Fri Jun 24, 2016 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Delays in Adding Bank Accounts -- Normal for Vanguard?
Replies: 5
Views: 649

Re: Delays in Adding Bank Accounts -- Normal for Vanguard?

I don't know the answer to your question, but I am ok with Vanguard not allowing me to link more than one bank account within less than a two week period, or not allow outbound transfers from Vanguard to outside linked accounts within 2 weeks of them being linked. In general I am ok with Vanguard mo...
by mptfan
Fri Jun 17, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: High Credit Card Debt- Need Help
Replies: 107
Views: 7663

Re: High Credit Card Debt- Need Help

Chadnudj wrote:What happens if you die first?

Now your husband is pretty much stuck with your debt, made with your representations of both of your income, no?

Not necessarily, no.
http://www.early-retirement.org/forums/ ... 26181.html
by mptfan
Fri Jun 17, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: John Oliver covers retail investment industry on Last Week Tonight
Replies: 113
Views: 14418

Re: John Oliver covers retail investment industry on Last Week Tonight

JonnyDVM wrote:For a layman watching, and I think this forum FAR underestimates how much the average person knows about this stuff, this was a very informative piece.

Do you mean over estimates?
by mptfan
Wed Jun 15, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Live the Good Life Today vs Save For a Better Life Tomorrow
Replies: 84
Views: 7489

Re: Live the Good Life Today vs Save For a Better Life Tomorrow

technovelist wrote:There's an old saying that if it flies or floats, you should rent it.

There is a third verb that begins with "f" that is normally included in that quote.
by mptfan
Mon Jun 13, 2016 1:48 pm
Forum: Personal Consumer Issues
Topic: Cord Cutting, "local area networking" TV at home
Replies: 16
Views: 2060

Re: Cord Cutting, "local area networking" TV at home

Likewise not directly on topic, but I think the trend of embedding lots of "smarts" in the TV is planned obsolescence. I'd rather have the internet/application smarts in an external box myself. Applications change quickly, and unless your TV has the ability to upgrade its software and act...
by mptfan
Fri Jun 10, 2016 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Another "should I pay off the mortgage post?"
Replies: 29
Views: 3267

Re: Another "should I pay off the mortgage post?"

Free rent? Hmmm. I pay about $7000 per year in property taxes and some people pay double that or more. So I'm not sure free is my first thought about home ownership ... I do think that if you have a paid off mortgage you are getting free "rent" even though you have to pay property taxes. ...
by mptfan
Fri Jun 10, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Another "should I pay off the mortgage post?"
Replies: 29
Views: 3267

Re: Another "should I pay off the mortgage post?"

Free rent? Hmmm. I pay about $7000 per year in property taxes and some people pay double that or more. So I'm not sure free is my first thought about home ownership ... I do think that if you have a paid off mortgage you are getting free "rent" even though you have to pay property taxes. ...
by mptfan
Thu Jun 09, 2016 11:39 am
Forum: Personal Consumer Issues
Topic: Unacceptable hotel room
Replies: 39
Views: 4311

Re: Unacceptable hotel room

Sounds like the owner of the property set you up. Telling you that you could leave immediately means there was probably no paperwork between you and the hotel at check in. Then knowing the no show policy, he claims you were a no show and collects for all four nights booked. No paperwork, no paper t...
by mptfan
Fri May 27, 2016 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should a 72 yo renew term life insurance?
Replies: 31
Views: 2445

Re: Should a 72 yo renew term life insurance?

Big Dog wrote:
He could prepay his funeral expenses..


Exactly. My parents did this and it made the visit to the mortuary so much easier.....

Be careful with this...what if the mortuary goes out of business? What if it is sold and the new owner refuses to honor the commitment?
by mptfan
Fri May 27, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should a 72 yo renew term life insurance?
Replies: 31
Views: 2445

Re: Should a 72 yo renew term life insurance?

Broken Man 1999 wrote:From your remarks it seems as though he isn't supporting anyone except himself.

Since no one is depending on his resources besides himself, life insurance isn't necessary or needed.

I agree.
by mptfan
Tue May 24, 2016 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: How old can you be and retire early?
Replies: 81
Views: 8055

Re: How old can you be and retire early?

Apparently there is no consensus on how to define "retired." If someone can continue to work and call themselves retired, that makes some of the responses to this question less meaningful.
by mptfan
Tue May 24, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: How old can you be and retire early?
Replies: 81
Views: 8055

Re: How old can you be and retire early?

joebh wrote:Now, I've been asked to help out at my former company so I'm consulting there 2 days per week. Am I no longer retired?

No, you are no longer retired. You retired early, then you went back to work part time.
by mptfan
Mon May 23, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Why do we believe in the market?
Replies: 59
Views: 5600

Re: Why do we believe in the market?

Stock market is the only game in town. That is why we play. Unless you just keep cash, which is, in part, not a bad idea. This is not true. You can invest in individual corporate bonds, or treasury bonds (e.g. Savings Bonds), or municipal bonds, or bond funds, or certificates of deposit, or annuiti...
by mptfan
Mon May 23, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: How old can you be and retire early?
Replies: 81
Views: 8055

Re: How old can you be and retire early?

TheTimeLord wrote:I seem to see 3 categories around here.

Normal Retirement: 65 or older
Early Retirement: 55-62
Overachiever Retirement: before 51

What about those people who retire at 63-64 or 52-54?
by mptfan
Sun May 22, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 1566

Re: Pride in no inheritance to kids?

How does the IRS even keep track of this? What's to keep someone from (terrible example, but an example all the same) giving someone a $100 in cash a day every day of the year? Or $200? Far in excess of the magical $14,000 without any accounting headaches. They don't keep track of cash transactions...

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