Search found 992 matches

by unclescrooge
Mon Mar 20, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: What would it take to buy a house in our neighborhood?
Replies: 20
Views: 1349

Re: What would it take to buy a house in our neighborhood?

If you have confidence in the stability of your spouse's job, then consider the duplex.

If your income/cashflow improves, you can always remodel and repurpose the extra living space from the rental unit.
by unclescrooge
Sat Mar 18, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Looking for a snazzy car
Replies: 79
Views: 4091

Re: Looking for a snazzy car

I've been driving Honda Civics as a second car for a bunch of years. Now that I'm retired I looking for some ideas for a little jazzier small car in roughly the same price range. I'm not really a car fanatic but I thought it would be cool to drive something a little more fun. Thanks! Have you seen ...
by unclescrooge
Mon Mar 13, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6176

Re: cost of Solar Power

Solar is a cool concept but its a joke. Its just too expensive. I dont care what the tax incentives are. I guess if you plan on staying in your home forever...because its going to take 20 years to break even. Imagine what the initial price of a full solar roof...now invest that in the 3 fund vangua...
by unclescrooge
Mon Mar 13, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6176

Re: cost of Solar Power

Solar is a cool concept but its a joke. Its just too expensive. I dont care what the tax incentives are. I guess if you plan on staying in your home forever...because its going to take 20 years to break even. Imagine what the initial price of a full solar roof...now invest that in the 3 fund vangua...
by unclescrooge
Mon Mar 13, 2017 1:27 am
Forum: Investing - Help with Personal Investments
Topic: 0.47% expense ratio - too high?
Replies: 24
Views: 2144

Re: 0.47% expense ratio - too high?

If you're tilting for ethical reasons and you're willing to accept the higher ER, then I guess it's worth it. It's not for ethical reasons, but rather because I personally believe that clean energy will take off in the next decade or two. I don't think the ER is too high. But I think your investmen...
by unclescrooge
Sun Mar 12, 2017 4:57 pm
Forum: Investing - Theory, News & General
Topic: Merriman article: 12 things every investor should know...
Replies: 43
Views: 5165

Re: Merriman article: 12 things every investor should know...

This article is absurd. If "every" investor should tilt to Small or Value, how is there supposed to be a premium? How many tilters until it capsizes? He does mention the 15 year returns. Odd he doesn't mention the 3,5, or 10 year returns in which Small and Value have trailed TSM (weirdly ...
by unclescrooge
Sun Mar 12, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 211
Views: 15413

Re: gratuitous homeownership items

Homeowners: Is there anything that you thought would be an asset when you bought your home and later found it to be gratuitous? For example, my husband wanted a pool. After 8 years, I find it to be a waste given the amount of $$ in water charges to maintain the water level, the fact that he uses it...
by unclescrooge
Sun Mar 12, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6176

Re: cost of Solar Power

One risk is that when solar gets really cheap (continuing price trends), then utilities will install loads of it up to the point that it can power the local grid almost completely during sunny days. In this scenario, the utility has an incentive to provide different rates at different times of day,...
by unclescrooge
Sun Mar 12, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: Getting deeper small-cap value exposure in taxable is almost free
Replies: 24
Views: 2447

Re: Getting deeper small-cap value exposure in taxable is almost free

Three questions: 1. Where do the 12% and 13% numbers in capital gains when selling VIOV/RZV come from? These were made-up numbers; the actual capital gain will depend on market returns. Here's an example which I will work out in more detail. Assume that the funds return 8% before expenses and taxes...
by unclescrooge
Sun Mar 12, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6176

Re: cost of Solar Power

One risk is that when solar gets really cheap (continuing price trends), then utilities will install loads of it up to the point that it can power the local grid almost completely during sunny days. In this scenario, the utility has an incentive to provide different rates at different times of day,...
by unclescrooge
Sun Mar 12, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: Getting deeper small-cap value exposure in taxable is almost free
Replies: 24
Views: 2447

Re: Getting deeper small-cap value exposure in taxable is almost free

There are several ETF options for small-cap value investors. The funds which give better exposure to small-cap and value are not necessarily the best options, because they cost more; you might use a larger amount of a less expensive fund instead to get the same exposure. However, I noticed that the...
by unclescrooge
Sun Mar 12, 2017 3:12 am
Forum: Investing - Theory, News & General
Topic: What do you expect to achieve with your Tilt?
Replies: 78
Views: 4775

Re: What do you expect to achieve with your Tilt?

This one I don't understand, livesoft. If you can expect an additional 1%, you must be making some assumption about volatility -- otherwise you could just move your 60/40 to 70/30 and get a higher expected return. What you wrote is so true. Except that 70/30 would not give 1% better return. This ca...
by unclescrooge
Sat Mar 11, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6655

Re: Anyone sorry they used bonds when starting out

I regretted that I was 100% stock when I starting out. Very big mistake! KlangFool At least you weren't in 100% tech stocks like I was in 1999 and 2000! :oops: unclescrooge, 1) I was 90+% tech stock during Telecom bubble. 2) My investment was about 10 years of annual expense. I lost 50% of all my i...
by unclescrooge
Sat Mar 11, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6655

Re: Anyone sorry they used bonds when starting out

I regretted that I was 100% stock when I starting out. Very big mistake! KlangFool At least you weren't in 100% tech stocks like I was in 1999 and 2000! :oops: unclescrooge, 1) I was 90+% tech stock during Telecom bubble. 2) My investment was about 10 years of annual expense. I lost 50% of all my i...
by unclescrooge
Sat Mar 11, 2017 12:33 am
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6655

Re: Anyone sorry they used bonds when starting out

KlangFool wrote:I regretted that I was 100% stock when I starting out. Very big mistake!

KlangFool


At least you weren't in 100% tech stocks like I was in 1999 and 2000! :oops:
by unclescrooge
Sat Mar 11, 2017 12:30 am
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6176

Re: cost of Solar Power

In Texas, I paid $2.75 per watt for a 5kw system (so around $14k altogether). My system doesnt produce near as much as my installer insisted it would, so get production estimate from NREL website, which is more accurate. Also, DO NOT GET MICROINVERTERS. Get a string inverter. Microinverters underne...
by unclescrooge
Wed Mar 08, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Google wifi is awesome
Replies: 58
Views: 8023

Re: Google wifi is awesome

lightheir wrote:I know this is as brazen a product plug as it gets, but I think it's warranted.


Thanks for sharing. I will be purchasing this in about 8 weeks when I move into the new home.

Do you know how well it works across two floors?
by unclescrooge
Wed Mar 08, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Buffett’s bets: how dumb are hedge fund managers?
Replies: 50
Views: 4199

Re: Buffett’s bets: how dumb are hedge fund managers?

I appreciate the wisdom of John Bogle and Bogleheads. Unfortunately the thought that you need to pay someone a load and at least a 1 percent annual fee on a mutual fund is pretty common. Also lots of people think that you can achieve some magic with hedge funds. I appreciate the magic of Vanguard a...
by unclescrooge
Wed Mar 08, 2017 12:10 am
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6291

Re: Did you buy SNAP?

Was Amazon a rip off for Total Stock Market Index investors? They had an IPO in 1997 while losing money and continued to do so for years. I believe that someone who bought $1000 of Amazon at IPO would now have shares worth $557,950. I will not bother arguing that Snap can not survive, since compani...
by unclescrooge
Wed Mar 08, 2017 12:08 am
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6291

Re: Did you buy SNAP?

Was Amazon a rip off for Total Stock Market Index investors? They had an IPO in 1997 while losing money and continued to do so for years. I believe that someone who bought $1000 of Amazon at IPO would now have shares worth $557,950. I will not bother arguing that Snap can not survive, since compani...
by unclescrooge
Tue Mar 07, 2017 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Take out loan on vehicle to invest?
Replies: 53
Views: 2434

Re: Take out loan on vehicle to invest?

I happen to own an expensive car (my hobby). Value just over $150K. It's paid off. I can get a loan on the car with just 2.49% interest for 65 months. Seems like a great deal. Is it worth taking that loan to invest the money in the market? I'm investing in 90% stocks, 10% bonds. Age 32. Very discip...
by unclescrooge
Tue Mar 07, 2017 8:28 pm
Forum: Investing - Theory, News & General
Topic: Oh no! The Ohama Titanic Syndrome signal.
Replies: 24
Views: 4336

Re: Oh no! The Ohama Titanic Syndrome signal.

Down draft?

Is that the same as a draw down?

Of 5%? Oh no, the horrors!
by unclescrooge
Tue Mar 07, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Take out loan on vehicle to invest?
Replies: 53
Views: 2434

Re: Take out loan on vehicle to invest?

I happen to own an expensive car (my hobby). Value just over $150K. It's paid off. I can get a loan on the car with just 2.49% interest for 65 months. Seems like a great deal. Is it worth taking that loan to invest the money in the market? I'm investing in 90% stocks, 10% bonds. Age 32. Very discip...
by unclescrooge
Tue Mar 07, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: roth vs traditional 401k
Replies: 16
Views: 1005

Re: roth vs traditional 401k

Isn't a roth better than a tax deferred 401K for the reason that all the gains, dividends, growth in a roth is tax free vs. a traditional 401K? What am i missing here in my thinking? That "tax first, then growth" is the same as "growth first, then tax". See commutative property ...
by unclescrooge
Tue Mar 07, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Opportunity Cost of Temporarily Raiding Retirement Account
Replies: 21
Views: 1745

Re: Opportunity Cost of Temporarily Raiding Retirement Account

Borrow from a 401k, sure! Permanently raid it, never! I can and have borrowed from my 401k to buy a house. Think long and hard before withdrawing from your 401k. You'll also owe taxes on the withdrawals. If this was 2010, it would be different. Where I live (SoCal) I feel real estate prices have alr...
by unclescrooge
Tue Mar 07, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6291

Re: Did you buy SNAP?

investingdad wrote:I don't understand the product or how it makes money.


Me neither.

But I did buy $1k of the Chinese equivalent of Facebook in my Roth. I expect it will do well, but it's less then 1% of my Roth, so it's impact will be negligible.
by unclescrooge
Tue Mar 07, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 176
Views: 14526

Re: How Much in Your Emergency Fund And Is It Used?

Loandapper wrote:
unclescrooge wrote: Several months ago, I had to come up with $1.3 million in cash after my wife insisted we buy a specific house. I had $160k available on hand (No joke), and the rest I got from friends and a private loan.


Nice friends.


Better than family!
by unclescrooge
Tue Mar 07, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fincancial checklist for becoming a landlord in the future
Replies: 35
Views: 2286

Re: Fincancial checklist for becoming a landlord in the future

Again, thinking long term. Do you have any advice on methodology for analyzing the property in this manner? A spreadsheet? A good book to read on this? How do you assign "values" to this type of data and then really paint a picture of what type of return you can expect over a number of ye...
by unclescrooge
Tue Mar 07, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: Which eReader to purchase?
Replies: 38
Views: 1931

Re: Which eReader to purchase?

I have distinctly mixed feelings about my Kindle Fire HD, 8.9". It's OK. It works. The Fire devices are basically general-purpose mutated-Android tablets, with the software organized and tweaked to make e-reading the primary goal. As an e-reader it works well. It has a typical tablet screen, n...
by unclescrooge
Tue Mar 07, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 176
Views: 14526

Re: How Much in Your Emergency Fund And Is It Used?

I'd say there are VERY few people in the country who could come up with $160k in a matter of days or weeks...or even decades. I'd wager every single person in this thread could come up with $160,000. Sure, it might involve having to take a 401(k) loan or a home equity loan or a personal loan (or al...
by unclescrooge
Sun Mar 05, 2017 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 7473

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

I don't like taxes anymore than the next guy/gal. But my goal is not to pay zero. To get to zero, I am either making too little or spending too much on things that are deductible, or a combination of the two. JT You don't pay 0 though. You still pay medicare, social security, disability (some state...
by unclescrooge
Fri Mar 03, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: investing in friends real estate business - pros and cons
Replies: 28
Views: 1917

Re: investing in friends real estate business - pros and cons

I have done deals with friends. Both where I lent money, and where I borrowed. We split the proceeds evenly, and were cognizant that the investment could go to zero. I don't know enough about your situation to offer much advice except you should be comfortable taking a huge bath if the deal goes sou...
by unclescrooge
Fri Mar 03, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: Diamond earrings
Replies: 19
Views: 1969

Re: Diamond earrings

Back in 2012 I bought my wife's engagement ring stone from blue nile and had it set locally.

It was amazing. And I saved 40% too.
by unclescrooge
Fri Mar 03, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4756

Re: When & how much to donate?

Not to sound rude, but $100 to a charity at your income level and networth is absolutely being CHEAP. I also prefer to give more to just 1 or 2 charities then spread donations out over multiple charities because I know it will have a bigger impact. Not to point out the obvious, but passing judgemen...
by unclescrooge
Fri Mar 03, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Should we refinance?
Replies: 12
Views: 952

Re: Should we refinance?

We also do an ESPP at 10% of DH's salary. I assume you're buying employer stock at a discount. Are you liquidating at the first opportunity? Is this what's in your taxable account? If so, I would liquidate the employer stock to pay down the heloc. I would not refinance unless a no-cost mortgage res...
by unclescrooge
Fri Mar 03, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: issues with trusting CFP advice, our portfolio, and bond fund
Replies: 20
Views: 1758

Re: issues with trusting CFP advice, our portfolio, and bond fund

If he recommended non traded REITs, it's because he received a 12,15% commission to do so. (Source: http://www.financial-planning.com/news/commissions-exposed-adviser-stops-selling-nontraded-reits) As such he is not a fee-only fiduciary advisor. If you are going to use an advisor get one who promise...
by unclescrooge
Fri Mar 03, 2017 7:23 am
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4756

Re: When & how much to donate?

Not to sound rude, but $100 to a charity at your income level and networth is absolutely being CHEAP. I also prefer to give more to just 1 or 2 charities then spread donations out over multiple charities because I know it will have a bigger impact. Not to point out the obvious, but passing judgemen...
by unclescrooge
Fri Mar 03, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: How is Your Pension Plan Performing?
Replies: 6
Views: 636

Re: How is Your Pension Plan Performing?

Make sure you're saving enough outside of your pension.

I just read an article about how PBGC is currently paying out 65 pension plans that went imploded and will itself go broke in about 20 years.
by unclescrooge
Fri Mar 03, 2017 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Insurance on a diamond engagement ring
Replies: 27
Views: 2011

Re: Insurance on a diamond engagement ring

I chose not to insure my wife's engagement ring.

Instead I told her the next one would be cubic zirconia. And based on my username you can assume I'll make good on that promise!
by unclescrooge
Fri Mar 03, 2017 7:00 am
Forum: Investing - Theory, News & General
Topic: Mom & Pop investors piling in. Bad Sign/Good sign?
Replies: 36
Views: 6624

Re: Mom & Pop investors piling in. Bad Sign/Good sign?

I did have that moment in a Post Office lineup in 2000, but didn't sell. The couple behind me were on their phone, talking about buying a highly ramped tech stock, on a Saturday morning. Because I lived in a 'hood where that's not as unlikely as it sounds, given the demographics, I failed to take h...
by unclescrooge
Fri Mar 03, 2017 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 15263

Re: Possibly Financially Independent and Feeling Miserable

For me, I figured out I am addicted to analysis. But what makes me happy is people. I'm curious, did you ever figure out a way to merge these two things? A lot of what you wrote resinates but those two things seem somewhat opposed. The two could not be more diametrically opposed. For most of my lif...
by unclescrooge
Thu Mar 02, 2017 2:26 am
Forum: Investing - Theory, News & General
Topic: Mom & Pop investors piling in. Bad Sign/Good sign?
Replies: 36
Views: 6624

Re: Mom & Pop investors piling in. Bad Sign/Good sign?

I did have that moment in a Post Office lineup in 2000, but didn't sell. The couple behind me were on their phone, talking about buying a highly ramped tech stock, on a Saturday morning. Because I lived in a 'hood where that's not as unlikely as it sounds, given the demographics, I failed to take h...
by unclescrooge
Wed Mar 01, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (February 2017)
Replies: 10
Views: 1427

Re: madsinger monthly report (February 2017)

Is this a static portfolio with no changes to the asset allocation, and no new contributions/distributions?
by unclescrooge
Wed Mar 01, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: How Much to Stretch for "Forever Home"
Replies: 42
Views: 3864

Re: How Much to Stretch for "Forever Home"

We were in a similar situation. My wife announced that our "forever" home was too far from her work (30-60 mins) and her parents (about an hour away) and that we needed to move. The area she wanted to move to was more expensive. We ended up buy a house that we are currently remodeling. We ...
by unclescrooge
Wed Mar 01, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: Family Hounding me to Purchase SUV or Minivan
Replies: 61
Views: 3866

Re: Family Hounding me to Purchase SUV or Minivan

The safety features of a new car are considerably better than an 11 year old car. Once she got pregnant, I forced my wife to sell her 10 year old Accord and get a new SUV because of the safety features. Also, she drives a lot for work so I didn't want her to get stranded somewhere either. We got a H...
by unclescrooge
Wed Mar 01, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: Why mutual funds could be on their way to another lousy year
Replies: 7
Views: 1447

Re: Why mutual funds could be on their way to another lousy year

In the latest Dalbar study, they claimed that passive index funds out perform active managed funds, however investors using active funds are better behaved and enjoy higher "investor returns".

:shock:
by unclescrooge
Fri Feb 24, 2017 1:50 am
Forum: Personal Consumer Issues
Topic: Looking for suggestions for a Wine Cooler
Replies: 28
Views: 901

Re: Looking for suggestions for a Wine Cooler

My house's crawl space is easily accessible and almost deep enough to stand up in, so I decided to build a plywood wine cabinet down there. Consistent temperature year round, dark, and uses zero electricity. Been storing 80-100 bottles down there for the last fifteen years or so. They've aged nicel...
by unclescrooge
Thu Feb 23, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Looking for suggestions for a Wine Cooler
Replies: 28
Views: 901

Re: Looking for suggestions for a Wine Cooler

We're a family of 4 and putting in one pan and two pots pretty much fills ours up. The regular dishes have to go in another load. We only have one dishwasher, so we often do two loads. That wouldn't be bad at all except it takes over two hours to do a load. Wife insists we handwash pots and pans. S...
by unclescrooge
Thu Feb 23, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Looking for suggestions for a Wine Cooler
Replies: 28
Views: 901

Re: Looking for suggestions for a Wine Cooler

Whatever you buy, make sure you understand the cooling/venting requirements. My in laws had one installed that requires airflow behind the unit which they didn't know it needed. It overheats and shuts itself off so they need to do a little rework to provide ventilation to the backside of the unit. ...
by unclescrooge
Thu Feb 23, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Looking for suggestions for a Wine Cooler
Replies: 28
Views: 901

Re: Looking for suggestions for a Wine Cooler

bytendog wrote:
Ping Pong wrote:You shouldn't put in a wine cooler unless you have 2 dishwashers and still have room left over.


Agree on the second dishwasher. That's probably the only thing I would add to my kitchen.


We have space, but my wife vetoed that idea. So there will be no 2nd dishwasher.

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