Search found 1007 matches

by finite_difference
Mon Oct 15, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard screws up rollover from TSP
Replies: 15
Views: 1422

Re: Vanguard screws up rollover from TSP

I agree that it sounds like Vanguard needs to work to improve their protocols to prevent mistakes.
by finite_difference
Mon Oct 15, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 73
Views: 3443

Re: How Much Is Your Sewer Bill?

I consume around 235,000 gallons of water per year. How are you using so much water? ~19,500 gallons a month? Showers and lawn watering mostly. I have a shower with 6 heads. My showers typically last 40-60 minutes. Very relaxing and cheaper than regular massages. I water my lawn daily. It looks fab...
by finite_difference
Mon Oct 15, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5625

Re: Who worries about a bear market in stocks?

OP, It is very simple. Those that are not prepared for a bear market worry about the bear market. I have a very simple philosophy in life. If I am worried about something, I would take action to prepare for it. I would not let my worry linger around. It makes my life relatively stress free. KlangFo...
by finite_difference
Sat Oct 13, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9526

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Assuming I get good enough by retirement age, I would teach Tai Chi / Kung Fu. 20 students, $100/month average, would hopefully yield about $1k/month assuming 100% overhead (need a space for classes and there will be insurance/taxes.) It’s hard to get that many students though. I would probably be ...
by finite_difference
Sat Oct 13, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9526

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Assuming I get good enough by retirement age, I would teach Tai Chi / Kung Fu. 20 students, $100/month average, would hopefully yield about $1k/month assuming 100% overhead (need a space for classes and there will be insurance/taxes.) It’s hard to get that many students though. I would probably be s...
by finite_difference
Tue Oct 09, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 10047

Re: Talk me out of buying a Tesla Model 3

Compared to having kids, $75k is not a very big deal. It’s easy to spend $1k/month/kid including daycare.

If your employment situation is stable I think you have no problems affording it.

For $75k I’d also look at the Tesla Model S though.
by finite_difference
Sat Oct 06, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11494

Re: “It’s probably wise to sell to the sleeping point.”

Interesting. The 5-10% reduction in stocks would have many here wagging their fingers and chanting “market timing” if someone mentioned doing that in a post. It’s only market timing if you are changing your asset allocation back and forth by 5-10% to try to get higher returns. It’s not market timin...
by finite_difference
Sat Oct 06, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2552

Re: Why tips only for unexpected inflation?

I was reading up on stagflation and it is apparently caused by a sudden economic shock, like the trade war over oil in the 1970s. I would not call oil a "trade war". Normally a trade war is about a country impeding imports from another country, not about restricting its exports. There was an embarg...
by finite_difference
Sat Oct 06, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13087

Re: Correlation between the FIRE movement and one of the greatest bull markets

Sorry if this seems derisive against FIRE proponents, but I just don't see it as possible. I'm in tech and make a good living, hopefully something that continues. However, I briefly went back to school to bone-up on fresh tech, and I used ACA to do so. Even my crappy ACA insurance that did nothing ...
by finite_difference
Sat Oct 06, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13087

Re: Correlation between the FIRE movement and one of the greatest bull markets

FIRE is not growing .... what is growing is being a stay-at-home Dad while your wife works and provides employer healthcare benefits, while you blog about it and get income from that and call it all "Early Retirement". True. When Dad does it, Dad calls it “early retirement”, but when Mom does it, D...
by finite_difference
Sat Oct 06, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 8931

Re: 20 countries where 200K in retirement savings will last you decades

"Technically they say they are places where you need to have $200,000 plus $1,360 in Social Security, giving you about $24,000 a year in spending." Getting past the click bait, many people in the US live on less than this. Sure, but the point is your money might go a lot further elsewhere. For exam...
by finite_difference
Wed Oct 03, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2552

Re: Why tips only for unexpected inflation?

If inflation turns out to be 5%, the real yield on the bonds would be -2%. What would the real yield on TIPS be? Still 1%? Yes. That's the point- you're exchanging nominal guaranteed returns for guaranteed inflation protection. It's worth noting that the yield is taxable (federally) regardless. Tha...
by finite_difference
Wed Oct 03, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13087

Re: Correlation between the FIRE movement and one of the greatest bull markets

Yes, I think there is a strong correlation with the recent bull market and the growing FIRE community, and also with the popularity of a 100% stock portfolio. Also, some areas (California) had a massive real estate boom which also helped FIREees. I don’t know when the next crash will be, but I know ...
by finite_difference
Tue Oct 02, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: Water Leak During New Home Construction
Replies: 40
Views: 2410

Re: Water Leak During New Home Construction

This is a pretty minor issue and since they are working with you to fix it and fix it right I don't see the problem. Unless you have a contract that says they will have you in the house by such and such date or else they do X, I don't think you should expect anything. A house built on time would be...
by finite_difference
Tue Oct 02, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5452

Re: Landlord wants to raise rent, but is asking if he can?

How is your rent compared to market rates? He might just be saying that to be polite, whereas he’s trying more to just bring you in line with market rates, if your rent is low by comparison. If you’re happy with your place and the rent is reasonable I wouldn’t mind a 2.5% increase, since that seems ...
by finite_difference
Tue Oct 02, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 99
Views: 15447

Re: If everybody indexed, the only word you could use is chaos, catastrophe

Don’t worry: if everyone starts indexing, I will start a hedge fund and advertise it here. Soon enough I’ll be competing with plenty of other hedge funds started by other members — utterly frustrated by my poor performance — like livesoft. That’ll lead to a resurgence of hedge funds and active tradi...
by finite_difference
Tue Oct 02, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: New Apartment, city noise
Replies: 43
Views: 3256

Re: New Apartment, city noise

A new apartment should be reasonably well sound proofed.

Check that your windows are actually all closed — cracked open can make a big difference.

Sleeping with earplugs in does not seem very safe.
by finite_difference
Tue Oct 02, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Entering Late In Life
Replies: 21
Views: 2307

Re: Entering Late In Life

By some miracle, you found this forum. The folks on here will take care of you. If you can provide the necessary info and formulate a plan that gets consensus approval here, then I am quite confident that if you execute that plan that you will be just fine. Don’t make any hasty decisions and keep st...
by finite_difference
Tue Oct 02, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: Enjoying your money before retirement
Replies: 65
Views: 6214

Re: Enjoying your money before retirement

The idea that you can't access funds in tax advantaged accounts is one of the biggest misnomers around. Roth IRA: Contributions can be withdrawn tax free at any time . IRA: Substantially equal periodic payments (SEPP). There was an analysis done here recently that even demonstrated, in some scenari...
by finite_difference
Tue Oct 02, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2552

Re: Why tips only for unexpected inflation?

So does this mean that if you have TIPS and inflation unexpectedly goes down, you'll lose money (in real terms)? This is something I haven't really seen talked about. TIPS have a deflation floor so you can't lose real money. But you will make less money than if you bought a nominal. Simple example ...
by finite_difference
Tue Oct 02, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 68
Views: 6509

Re: Need help on car decision: Honda CRV vs luxury car used

I would not buy a new CRV due to the engine issue. What bothers me about this issue is the way Honda is addressing it, not necessarily that a problem occurred. Their denial makes it seem like the problem is hard to fix. And I have nothing against Honda.. I own two Honda cars, a Honda lawnmower, and ...
by finite_difference
Sun Sep 30, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4742

Re: Buying a new Toyota Camry. What extra options if any?

jebmke wrote:
Sat Sep 08, 2018 3:23 pm
bb wrote:
Sat Sep 08, 2018 3:19 pm
Don't drive the v6 - it isn't an option on the LE. And after you
drive a v6 it is hard to want the 4 cylinder.
The 4-cyl is underpowered. But I hear you can get it going 80mph going down a mountain.
This one made me laugh :happy

Also don’t forget to checkout the Hybrid?
by finite_difference
Sun Sep 30, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15761

Re: iPhone XS Max

Here is a comparison of different sizes: https://pbs.twimg.com/media/Dm68Kk1W0AEY2UF.jpg https://pbs.twimg.com/media/Dm68Kk1W0AEY2UF.jpg Thanks for posting this. I have a 6S, which is the same size as the 7, and that is a bit too big for me. I want the iPhone SE size, except with a bigger OLED scre...
by finite_difference
Sun Sep 30, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15761

Re: iPhone XS Max

They really should bump minimum storage from 64GB to 128GB. At least the $100 upgrade goes to 256GB though.
by finite_difference
Sun Sep 30, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4496

Re: College Student Performance Issues

OP, I went through 2 freshmen's orientation for parents. The 2 key points for avoiding freshmen drop out: 1) Show up for classes. As long as the students show up for classes, half of the battle is won. 2) Ask for help. The students need to learn to ask for help. The support system and help are avai...
by finite_difference
Sun Sep 30, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4496

Re: College Student Performance Issues

Wow, I’m shocked at the fact that parents paying for college expect to see their grades, going so far as to setup a formal online login to do so. finite_difference, I am shocked that you are shocked. The college education is a job. It is not a paid vacation. It is subject to regular performance rev...
by finite_difference
Sun Sep 30, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life vs Whole Life
Replies: 10
Views: 803

Re: Term Life vs Whole Life

It is very simple.

Term Life = Good.
Whole Life = Evil.

But you don’t need term life either if you don’t have spouse/kids to worry about.
by finite_difference
Sun Sep 30, 2018 7:13 am
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4496

Re: College Student Performance Issues

Wow, I’m shocked at the fact that parents paying for college expect to see their grades, going so far as to setup a formal online login to do so. That’s invasion of privacy. But I guess you would have to do that if you didn’t trust your kid to tell you how they were doing. Still, better to have no ...
by finite_difference
Sun Sep 30, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4496

Re: College Student Performance Issues

Wow, I’m shocked at the fact that parents paying for college expect to see their grades, going so far as to setup a formal online login to do so. That’s invasion of privacy. But I guess you would have to do that if you didn’t trust your kid to tell you how they were doing. Still, better to have no s...
by finite_difference
Tue Sep 25, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 320
Views: 33312

Re: U.S. stocks continue to soar!

nedsaid wrote: This is why we need the perspective of history. Interest rates and inflation don't always fall as investors found out during the 1970's. Don't think stagflation is coming back but just in case I am keeping my TIPS and REITs. Nedsaid's point of view reflects the accumulated wisdom fro...
by finite_difference
Tue Sep 25, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 5946

Re: Oil change interval for low-mileage vehicles

I agree with follow the manual but timewise I think you should at least change the oil once per year (in spring) and also always use full synthetic. The only exception to the once per year rule would be if you have low mileage, and the car never experiences low temperatures, and you have tested your...
by finite_difference
Sat Sep 22, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3706

Re: Puerto Rico as legal tax Haven?

Also, since it’s a relatively remote island, unless they are produced locally goods cost more since they need to be shipped. Finally, many states in the continental US offer competitive taxes/tax breaks for businesses as well. All non-locally produced goods are subject to the Merchant Marine Act of...
by finite_difference
Sat Sep 22, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15761

Re: iPhone XS Max

I always find it funny when people get all uppity about the new iPhones. The fact is that the phone is likely the number 1 used piece of equipment/device/accessory/etc. by nearly everyone in the country besides their bed. If you think it is too expensive just buy a cheaper alternative, but don’t co...
by finite_difference
Fri Sep 21, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3706

Re: Puerto Rico as legal tax Haven?

mouses wrote:
Thu Sep 20, 2018 8:19 pm
I thought Roths got taxed nowhere...
That’s what I thought too, but since PR is not a state, it has its own tax code.

It’s ironic that PR can have its own tax code, but can’t file bankruptcy like states can.
by finite_difference
Fri Sep 21, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3706

Re: Puerto Rico as legal tax Haven?

... Seems like a pretty crappy tax haven unless you have a lot of capital gains. It's good for traders, and for businesses that legitimately want to move operations to PR and employ people and improve the economy there (which was the intent of the policy). Hmm I dunno, maybe for traders. I think th...
by finite_difference
Fri Sep 21, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15761

Re: iPhone XS Max

Here is a comparison of different sizes: https://pbs.twimg.com/media/Dm68Kk1W0AEY2UF.jpg https://pbs.twimg.com/media/Dm68Kk1W0AEY2UF.jpg Thanks for posting this. I have a 6S, which is the same size as the 7, and that is a bit too big for me. I want the iPhone SE size, except with a bigger OLED scre...
by finite_difference
Thu Sep 20, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3706

Re: Puerto Rico as legal tax Haven?

If you're earning the money in Puerto Rico maybe... if you're earning money from elsewhere in the U.S. (i.e. from stocks, bonds, retirement account ... a decent job) then you've got income taxable to the Feds. Maybe read the article? If you get your 180-something Puerto Rico days, you dodge Federal...
by finite_difference
Wed Sep 19, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3706

Re: Puerto Rico as legal tax Haven?

If you're earning the money in Puerto Rico maybe... if you're earning money from elsewhere in the U.S. (i.e. from stocks, bonds, retirement account ... a decent job) then you've got income taxable to the Feds. Maybe read the article? If you get your 180-something Puerto Rico days, you dodge Federal...
by finite_difference
Wed Sep 19, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 74
Views: 7885

Re: I see now why Rollovers can take FOREVER ....

livesoft, I actually had to do a rollover from an Ameriprise 403(b) from an old employer (which also used TSACG as TPA) to a Fidelity 403(b) with a different TPA. Ameriprise is arguably an even worse brokerage than TIAA in terms of paperwork. However, I have managed to do two successful rollovers f...
by finite_difference
Wed Sep 19, 2018 12:18 am
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 4634

Re: Bonds. Why? (vs. cds)

I didn’t realize there were CD mutual funds. Interestingly they are not competitive it seems like compared to buying your own and Vanguard does not offer a mutual fund for CDs (but they do offer brokered CDs). Not sure I understand. I said that hedge funds can buy CD's. Not sure if there are CD bas...
by finite_difference
Wed Sep 19, 2018 12:16 am
Forum: Local Chapters and Bogleheads Community
Topic: Jack Bogle Bobblehead
Replies: 24
Views: 2856

Re: Jack Bogle Bobblehead

If it’s well made and under $50 I’d buy one.

But I haven’t been a Boglehead long enough to be able to afford a $5,000 one!
by finite_difference
Tue Sep 18, 2018 11:55 pm
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 4634

Re: Bonds. Why? (vs. cds)

Can hedge funds buy up lots of CDs or is it for small time investors only? Yes, why not. I didn’t realize there were CD mutual funds. Interestingly they are not competitive it seems like compared to buying your own and Vanguard does not offer a mutual fund for CDs (but they do offer brokered CDs). ...
by finite_difference
Tue Sep 18, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7364
Views: 1546777

Re: U.S. stocks in freefall

Haven't you heard? We're going to go into a recession the second half of next year. You can take it to the bank.... Nice chart at MarketWatch today: https://farm2.staticflickr.com/1893/44364009251_20055175e1_o.jpg https://www.marketwatch.com/story/the-road-to-fresh-stock-market-highs-is-littered-wi...
by finite_difference
Tue Sep 18, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 4634

Re: Bonds. Why? (vs. cds)

CD's are bonds and have the same interest rate risk as other bonds. CDs are not bonds. CDs are basically a cash-equivalent time deposits, usually issued by a bank and typically FDIC insured and are not registered with the SEC. Bonds are debt instruments, issued directly to investors by companies or...
by finite_difference
Tue Sep 18, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4815

Re: Dilemma: Add room to current house or buy new house?

If you want to really out do the neighbors, you need an elevator: viewtopic.php?f=11&t=258653

As an added benefit, your spouse doesn’t need to worry about stairs :beer

Also, don’t forget the home theatre and gym in the basement.
by finite_difference
Sun Sep 16, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 36
Views: 2589

Re: Solar Install w/ SolarCity

My System: 41.5 kWh storage with 3 PowerWalls (each has capacity of 13.5 kWh) Over the last three years we average ~19,300 kWh @ 12.5cents/kWh ($2400) Am I reading this right? You use on average 19,300 kWh/year and three Powerwallas store 41.5 kWH, meaning once they are full charged, you will have ...
by finite_difference
Tue Sep 11, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3140

Re: Remodel for aging in place

They make really nice and reasonably cost elevator kits these days. They attach to the outside of your existing house so there is no need to change the footprint to accommodate them. They only need to cut an access doorway in the outside wall into each floor that you want service to. My great aunt ...
by finite_difference
Sun Sep 09, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 18141

Re: Bay Area housing frenzy cooling

We left the Bay Area because of house prices. To Manhattan, where they're more reasonable. :shock: I think prices are sticky on the way down, often for years. The highest recent price burns into people's minds so they don't want to sell at a "discount". Those that have to sell do, those that don't ...
by finite_difference
Sun Sep 09, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 18141

Re: Bay Area housing frenzy cooling

Lots of hypothesis as to why, but will be interesting to watch as to whether this is an overdue correction in a few overheated markets, or a harbinger of a broader problem in the economy. I concur. I suspect that the "why" is a confluence of factors, many of which have already been mentioned - risi...
by finite_difference
Sun Sep 09, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much do bogleheads save in 529?
Replies: 79
Views: 4655

Re: How much do bogleheads save in 529?

Mark Cuban and other notable investors have also previously expressed we are in an “education bubble” that is bound to burst. And when the bubble bursts, these things all become free? Like how we all get free houses now? There may be a bubble, but unlike tulip bulbs, we actually need education. We'...