Search found 198 matches

by onourway
Wed Apr 26, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 40
Views: 3387

Re: Becoming a homeowner/landlord in a college town?

My impression is that when people want to rent to a specific demographic which is probably illegal, they are just careful where they list their place. Want to rent to grad students? Post flyers in their lounges on campus. If you have a good place, eventually word of mouth will take hold and they wil...
by onourway
Wed Apr 26, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: How to find a good local mechanic?
Replies: 19
Views: 746

Re: How to find a good local mechanic?

Yep, ask around. Especially other people who have the same make car as you. It's a bad sign if they offer to get you in that day or the next morning. A good sign if they tell you it's going to be a few days to a week or more.
by onourway
Wed Apr 26, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 18
Views: 1826

Re: Schwab Vs. Vanguard?

I like my Schwab checking account but I prefer Vanguard for my investments. Schwab's index offerings are really quite slim. Are there funds that you actually want to use that are missing at Schwab? The way I look at it is that if they have the basic 3 funds I'm looking for, whether they have anothe...
by onourway
Wed Apr 26, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 18
Views: 1826

Re: Schwab Vs. Vanguard?

I like my Schwab checking account but I prefer Vanguard for my investments. Schwab's index offerings are really quite slim.
by onourway
Wed Apr 26, 2017 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8352

Re: Why is Real-Estate so Bad?

I tend to view people's stories of great real estate deals the same way I view stories of great stock picks - I take it with a huge grain of salt because it doesn't mean much to only talk about one purchase across a lifetime of investing. Someone may make a bunch of money on a good real estate purch...
by onourway
Mon Apr 24, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 29
Views: 1485

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

Schwab joint checking here. We are just setting this up but I've been using it as my primary checking for a couple of months now and so far so good. Two debit cards, atm fees reimbursed worldwide, great customer service when I've needed it.
by onourway
Sat Apr 22, 2017 6:02 am
Forum: Investing - Help with Personal Investments
Topic: No clue where to start
Replies: 9
Views: 983

Re: No clue where to start

Welcome!

You will get the best assistance here if you edit your post to the format requested under Asking Portfolio Questions.
by onourway
Fri Apr 21, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Periodic Investing and Wanting the Market to Drop
Replies: 28
Views: 3144

Re: Periodic Investing and Wanting the Market to Drop

It might be interesting to look at a couple of visual representations of two scenarios. Let's consider what happens if one had invested a lump sum of $10,000 in the year 2000 at the peak of the dot-com boom: http://imgur.com/xaqlx6w.png Because of the high valuations (ie. 'bubble') stocks were in th...
by onourway
Thu Apr 20, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Selling classic car via consignment
Replies: 10
Views: 889

Re: Selling classic car via consignment

This would largely depend on the particular consigning dealer. If it's a good one in a good location with the right kind of customers, you will probably make more money even after paying their cut as they attract buyers who you might otherwise have little access to. Selling a car like this on your o...
by onourway
Thu Apr 20, 2017 7:29 am
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3752

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

As stated, a Roth IRA is better than a personal taxable account because it grows tax-free, and withdrawals will eventually be made tax-free. $5500 is the yearly maximum, but you can put any amount in up to that max. A Roth IRA flexible; you can withdraw your contributions at any time with no tax or ...
by onourway
Wed Apr 19, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Periodic Investing and Wanting the Market to Drop
Replies: 28
Views: 3144

Re: Periodic Investing and Wanting the Market to Drop

Consider a stock that is currently priced at $100 and pays a $2 per share dividend for a dividend yield of 2%. That $100 price is 25x future earnings. You have $25,000 to invest which buys you 250 shares. In order to double your money the stock must go to $200 which is 50x future earnings - way high...
by onourway
Wed Apr 19, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3752

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

You need to separate out what you are saving for. 7% guaranteed return is the best offer you will ever get. That's the average return of the market over very long periods of time with huge amounts of volatility. 7% guaranteed is basically a huge subsidy to NY employees. If you are saving for retirem...
by onourway
Wed Apr 19, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3752

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

What are the details of your pension? Are you likely to remain at this job long enough to make it pay out as expected? If you have access to the 7% guaranteed return plan in your TDA, I would put everything you can into that. I presume that is an $18k annual max like a regular TDA. Together those sh...
by onourway
Wed Apr 19, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 10981

Re: My kids don't care about saving

My mother, who has never been great with her own money, and taught me very little about handling it, did one smart thing for me. When I graduated college she did the legwork to set up a Roth IRA for me with automatic contributions coming from my own account. While it was a front-loaded American Fund...
by onourway
Wed Apr 19, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3752

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

You still haven't answered the key question asked earlier - >>So you have a 403b or 457? This needs to be figured out first. If so, are you adding to it? Does your employer contribute on your behalf. Do they match your contributions? These retirement plan questions come first. Do you have a pension?...
by onourway
Wed Apr 19, 2017 6:14 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9122

Re: Why would anyone want to buy bond funds?

What I'm saying is when you're taking 2.9% (while others have to take 4% due to smaller nest egg size) from your portfolio sequence of returns becomes a much smaller problem, and therefore you can stay more aggressive. Everyone argues my point buy saying: 1. If x,y,z all have $1M look at these retu...
by onourway
Mon Apr 17, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 6026

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

They now have a Total Bond Index mutual fund, added recently. So they do have at least one decent choice. But not much else for bonds that I'm aware of. Maybe over in their ETF selection. I did see that, and despite me having a checking account with Schwab (a great one!) their Total Bond Index fund...
by onourway
Mon Apr 17, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9122

Re: Why would anyone want to buy bond funds?

You may want to stick with Wellington and NOT go 70/30 Total Stock/Total Bond.. Blue is 100% Total Stock Red is 70/30 Total Stock/Total bond http://i67.tinypic.com/10xv78l.png As you can see: 100/0 is much greater in the up years (in absolute dollars) and nearly equal in the down years (in absolute...
by onourway
Mon Apr 17, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9122

Re: Why would anyone want to buy bond funds?

Substantially better outcomes? Meaning less volatility? or actual dollar amounts? Someone who has been 100/0 their whole life has "more to lose" per se versus the 70/30 fellow. The 70/30 portfolio will, potentially, have significantly more dollars in the account, often not just during the...
by onourway
Mon Apr 17, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9122

Re: Why would anyone want to buy bond funds?

Not exactly a fitting analogy. But, I trust you recognize that the people holding some bonds are making just as much of a bet as those holding all stocks. To go even further back; since 1928 there have been only 4 "multi-year" down periods with the longest stretch being 4 down years in a ...
by onourway
Mon Apr 17, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 6026

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

[...]Vanguard has better low expense fund selection, [...] That is not really true. Schwab's basic index funds have lower expense ratios than corresponding Vanguard funds. I would suggest that OP figure out an asset allocation, go with Schwab, put half the funds right now per asset allocation; then...
by onourway
Mon Apr 17, 2017 6:10 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 6026

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

One very simple thing you may be overlooking Christian - complex portfolios do not indicate greater returns. Complex portfolios typically grow out of a couple of scenarios. 1) you hire an investment advisor who puts you in all sorts of funds because a) it makes it look complicated and convinces peop...
by onourway
Mon Apr 10, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Help me decide what to do with my cars
Replies: 34
Views: 1564

Re: Help me decide what to do with my cars

The Outback is a huge car already, but are you sure whoever would be driving the minivan every day really is going to be happy with that duty? Personally, with 3 young kids and no minivan I can't see how it's worth the expense or having to drive a minivan every day. The kids are just fine without so...
by onourway
Mon Apr 10, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Planning Scandinavia trip
Replies: 18
Views: 1221

Re: Planning Scandinavia trip

I can't agree with the comments dismissing Oslo. I have travelled extensively in Scandinavia and around the world, and Oslo is possibly my favorite city anywhere. I certainly would not place seeing Bergen above Oslo - you'll go through Bergen as a matter of course in the Nutshell trip. There is a ve...
by onourway
Fri Apr 07, 2017 5:23 am
Forum: Investing - Help with Personal Investments
Topic: Advice for 30yr old with limited knowledge-Calling all Bogleheads
Replies: 17
Views: 1972

Re: Advice for 30yr old with limited knowledge-Calling all Bogleheads

I would consolidate your 401k choices to the Fidelity 500 Index fund and Fidelity International Index. If you have any bond options below, say 0.6% I might consider those as well. Roll over the IRA to the 401k as suggested, allowing you to do the backdoor Roth IRA from now on. Run as fast as you can...
by onourway
Thu Apr 06, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: Selling A Semi-Valuable Vehicle
Replies: 12
Views: 1347

Re: Selling A Semi-Valuable Vehicle

I would use Craigslist. I've bought and sold many vehicles that way. A few years ago we sold my wife's car which was newer than anything I'd sold before so I tried AutoTrader. It was a desirable car in the perfect location extremely clean with a full service history and needing nothing. I paid to ha...
by onourway
Thu Apr 06, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Jumping back in the market
Replies: 29
Views: 3989

Re: Jumping back in the market

I have a pretty high risk tolerance so a 90/10 balance is good for me. One question I have is when the market starts to head south what is a good allocation to move my funds into so I can still maintain a positive gain? I know this is possible and I also know there is no guarantee that a certain al...
by onourway
Tue Apr 04, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Another DcA or Lump
Replies: 9
Views: 732

Re: Another DcA or Lump

If you are considering DCA this $18k because it will turn out better, why aren't you converting the other 4/5 of your portfolio to cash and doing the same thing?
by onourway
Tue Apr 04, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 5900

Re: Economics of Charging an Electric Car

One consideration is than an EV has no short trip/city penalty. So you can't really compare your 40mpg+ highway figure when, at least in our routine, gas cars, including hybrids, will often get under 25mpg for much of our day to day driving. (Owned a Plug-in Prius for 3 years - it was perfect for ou...
by onourway
Mon Apr 03, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: IS 200k household income "middle income" these days? Has that threshold increased?
Replies: 42
Views: 2722

Re: IS 200k household income "middle income" these days? Has that threshold increased?

There is also the fact that when you compare yourself directly to your peers, the only things you can usually compare is house size and location, cars, vacations, toys, schools, etc. Many of these things are available easily on credit, and, statistically speaking, most of your peers are probably not...
by onourway
Mon Apr 03, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Is this the time to invest?
Replies: 6
Views: 909

Re: Is this the time to invest?

This is asked nearly every week in one form or another. If not every day. The stock answer is that investing sooner than later usually nets a larger return in the long run. Think of it this way - if you had received this inheritance in the form of an investment (in a vehicle that agreed with you) wo...
by onourway
Sat Apr 01, 2017 6:19 am
Forum: Investing - Theory, News & General
Topic: advice on where to put money at age 55 to secure savings in the event of market crash
Replies: 35
Views: 3704

Re: advice on where to put money at age 55 to secure savings in the event of market crash

With your age and described risk profile, I would consider converting entirely to Wellesley which had a worst year of -10% in 2008 and a maximum drawdown of about -20%. If you can't handle that level of volatility in the worst financial crisis in 80 years then you probably shouldn't be in the market...
by onourway
Thu Mar 30, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting vs Tracking Expenses?
Replies: 42
Views: 3384

Re: Budgeting vs Tracking Expenses?

The difference for us is that budgeting forces you to acknowledge that trade-off with every purchase. Yes, intuitively if you spend more in one area you will spend less in another, but in practice, when we don't acknowledge that trade-off in near real-time, our spending gets skewed in ways that are ...
by onourway
Tue Mar 28, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing Portfolio options for 529 on nysaves.com
Replies: 12
Views: 291

Re: Choosing Portfolio options for 529 on nysaves.com

I'm not quite sure what the confusion is - they are very up-front about listing what the underlying funds are and at what proportion. We are in the aggressive age-based program which is a glide path plan. It's 70% Total Stock and 30% Total International until age 5 at which point it changes to 75/25...
by onourway
Tue Mar 28, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

Just curious, do the external hard drives (such as Seagate, WD, etc.) do multiple point backups? Or are these similar to the Gdrive or Amazon except onsite vs. cloud? The hard drive itself is nothing more than a storage location - since we are bogleheads - a 'box' much like an IRA. :) What matters ...
by onourway
Tue Mar 28, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

I'm curious as to what about the backup is lacking about Gdrive and Amazon, say, compared to Crashplan? The primary way that a full backup solution differs from services like these is the ability to go back to multiple points in time in order to restore your files or even complete system state (aut...
by onourway
Tue Mar 28, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

As a related aside, I'll say that my experience in moving all my data from local HD as primary storage, to cloud-drive services, has been an all-good experience, and I would highly, unequivocally recommend it unless you really are dealing with such large amounts of data regularly so that it's unwie...
by onourway
Tue Mar 28, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

I've been using Gdrive & Amazon photos for awhile now and I can say it's pretty hard to accidentally delete something. Contrary to what you post, those 2 are not 2-way sync with their photo apps (meaning delete on your phone, and the cloud data is deleted). If you use the Google Photos or Prime...
by onourway
Tue Mar 28, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

Again, services like these mentioned above are sync services which differ from backups in several subtle, but important ways noted above. They are extremely convenient, and I advise their use for that convenience, but they are NOT backups. If, for example, an important photo gets deleted, modified, ...
by onourway
Tue Mar 28, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

Have you folks with Crashplan actually tested whether or not a recovery of your files actually works? I've seen complaints about some of these backup services not working very well during a large recovery. I have been using Crashplan on several personal computers for over 5 years and restored data ...
by onourway
Tue Mar 28, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

Note that many of these services like Google Drive, Amazon Photos, Dropbox, iCloud, etc. are not backup services, but cloud services that are intended to keep multiple devices in sync. If you delete a photo intentionally or accidentally, or something becomes corrupted, etc. it automatically propagat...
by onourway
Tue Mar 28, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1246

Re: Picture / video / file backup

Crashplan is fantastic for a real backup service. $5.00/month for unlimited storage.
by onourway
Mon Mar 27, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 18
Views: 1475

Re: Using Schwab for primary checking account

^^If you don't like calling they also have excellent customer service via chat at all hours of the day. Their people actually know what they are talking about based on my experiences so far.
by onourway
Fri Mar 24, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Fidelity IRA ?
Replies: 9
Views: 566

Re: Vanguard or Fidelity IRA ?

You will have to pay extra in one way or another to get advice specific to your situation. It is quite likely you can get the advice you need here for free. We have accounts at Fidelity, Schwab, and Vanguard, among others. I'm in the minority in that I actually like Vanguard's web interface. It isn'...
by onourway
Fri Mar 24, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Capital One 360 Money Market account for use as checking account?
Replies: 13
Views: 913

Re: Thoughts on Capital One 360 Money Market account for use as checking account?

There are lots of checking accounts that offer between 2-5% if you jump through their hoops - things like minimum balances, minimum number of signature transactions every month, requirement to log in to your account monthly, etc.
by onourway
Fri Mar 24, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 5355

Re: Are Bogleheads in the minority on the use of investment advisors?

Yep, just like - the lawn service industry has convinced most homeowners that pushing a mower is too hard - the auto repair industry has convinced people their car will blow up if they change their own oil - the home improvement industry has convinced people their house will catch fire if they atte...
by onourway
Fri Mar 24, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 3875

Re: The Sweet Spot for Yearly Car Costs

I leased a Toyota several years ago - very low cost - zero down, etc. It worked out fine as far as costs go. About $300/month as you say. That said, I won't likely do it again. My older cars I'd been driving for years cost under $150/month all told - usually closer to $100. I don't need expensive in...
by onourway
Fri Mar 24, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Searching for cash flow investment.
Replies: 21
Views: 1175

Re: Searching for cash flow investment.

Seat of the pants thoughts as a homeowner but not a landlord - $1800/year for repairs and maintenance seems unlikely - especially for a 3 unit rental. Same for 10% vacancy - that's only a little more than 1 month/year. These could easily eat up your margin and more - plus you get the job of taking c...
by onourway
Fri Mar 24, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 68
Views: 5427

Re: What online bank do you use?

Have had Capital One 360 accounts since the early days when they were ING. They are fine but not outstanding. I would consider opening a money market account to put your savings in if you have more than $10k to collect the $200 bonus they are offering now. I have a great local credit union I've used...
by onourway
Fri Mar 24, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 5355

Re: Are Bogleheads in the minority on the use of investment advisors?

The financial industry has done a masterful job convincing the vast majority of people that managing their own finances is hard if not downright dangerous. They have done an even more masterful job of obscuring how much it costs to use them. A fee of '0.7% of assets under management' or whatnot does...

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