Search found 169 matches

by sillysaver
Mon Jan 21, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on tax, real estate
Replies: 0
Views: 164

Need advice on tax, real estate

I am anticipating the sale of property in a limited partnership later this year, and I am torn between staying in and being part of a 1031 exchange, or taking the money, paying taxes on the depreciation recapture and capital gains and investing it in more liquid vehicles (stocks). Where can I find a...
by sillysaver
Sun Jan 13, 2019 7:20 pm
Forum: Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4908

Re: I know market timing is a fool's game but...

I started a market-timing portfolio employing dual momentum with a portion of my retirement funds. It's not a perfect system, but I see the trend is down and don't want to be on the wrong side of it. I still have some other buy-and-hold type investments in individual stocks, real estate and even som...
by sillysaver
Sat Jan 12, 2019 10:38 am
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 15722

Re: Biggest Investment Mistake

Hi @sillysaver. Can I ask why you are thinking the rental is a waste of time? I was considering diversifying into real estate in the future. We're breaking even on our purchase. The agent overstated the rent we could get and we weren't careful enough in our analysis. It went unrented for several mo...
by sillysaver
Sat Jan 12, 2019 10:29 am
Forum: Investing - Theory, News & General
Topic: Did you ever "win" big?
Replies: 133
Views: 9892

Re: Did you ever "win" big?

I know we live in the world of a 3 fund portfolio. But my question is did you ever have a stock pick that paid you a very handsome return? No, never, not in stocks. The best trades I ever made were 100%-200%, but those are pretty rare. In real estate it's a different story. All my big investment wi...
by sillysaver
Fri Jan 11, 2019 8:56 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 15722

Re: Biggest Investment Mistake

There were too many to mention. Summary: 1) Owning junk bonds in 2007-2009. Got absolutely crushed. 2) Buying gold mining penny stock I learned about through an online promotion. Later it collapsed and was delisted. The name was later changed a couple times to coincide with popular investment trends...
by sillysaver
Fri Jan 04, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5843

Re: Shoes to wear with jeans to the office?

Lems 9-to-5
https://www.lemsshoes.com/products/mens-nine2five

(if you care about comfort not aesthetics)
by sillysaver
Thu Jan 03, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1743

Re: Time to Sell Rental Property?

We have this one-off rental we bought before we learned better. The numbers are not terrible, but it's so little cash flow that I would consider it not worth the time we spent acquiring and getting it rent ready. The pro-formas looked great on paper, but the projected rent was higher than the true m...
by sillysaver
Thu Jan 03, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1743

Re: Time to Sell Rental Property?

For those of you with rental properties how do you determine when its time to sell.... I've been fairly lucky with my tenants so far and they just gave me a heads up that they will be moving out at the end of next month. I'm at a crossroads here ... part of me feels like its time to sell the place:...
by sillysaver
Tue Jan 01, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: The Intelligent Investor
Replies: 16
Views: 1437

Re: The Intelligent Investor

Doesn't Bogle say that the conservative investing strategy advocated by Graham is fundamentally sound? Sorry, can't find the exact quote but I think it's in Common Sense on Investing. There were no index products when Graham's book was written, so the actual implementation today will look different.
by sillysaver
Mon Dec 31, 2018 3:20 pm
Forum: Personal Investments
Topic: Syndicated Multi-fam Deals
Replies: 13
Views: 1376

Re: Syndicated Multi-fam Deals

If your IRA invests in something that produces income from a trade or business, or uses leverage (such as rental real estate) it will be subject to UBIT. UBIT is supposed to "level the playing field" between businesses that use retirement money and those that don't. I can't add much more as I'm not ...
by sillysaver
Mon Dec 31, 2018 12:52 pm
Forum: Personal Investments
Topic: Syndicated Multi-fam Deals
Replies: 13
Views: 1376

Re: Syndicated Multi-fam Deals

Had you considered investing your ira as a self directed ira so that you wouldn’t need to cash it out? The taxes would have been a problem. I know people who invested in syndications using their IRA's and they have to deal with UBIT (Unrelated Business Income Tax). It can be a significant drag on r...
by sillysaver
Wed Dec 26, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Nice jeans for work with lowest average cost of ownership
Replies: 107
Views: 7625

Re: Nice jeans for work with lowest average cost of ownership

About five years ago a cotton shortage developed and the quality of modestly priced clothing really went down a lot as manufactures tried using lower grades of cotton and tried substituting other materials. This seems to be an ongoing problem since there is a lot of new demand for cotton in countri...
by sillysaver
Sun Dec 23, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: online job
Replies: 9
Views: 973

Re: online job

Medical coding/billing. Just be careful about scams involving paying for training. I know someone who made a lot of money with a medical coding at home with his own business.
by sillysaver
Sun Dec 16, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my last rental property in major west coast city?
Replies: 11
Views: 1298

Re: Should I sell my last rental property in major west coast city?

If you were to buy this property today, what is the price and what rent could you get realistically? If it is like most West Coast markets (I assume California, due the very low property tax assessment), then the cap rates are probably so low that it wouldn't make a very good investment. " Things ar...
by sillysaver
Wed Dec 12, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate the value of a Forever... [investment]
Replies: 10
Views: 1316

Re: How to calculate the value of a Forever...

Rest assured: you can not make any significant amount of money in those 'investments'. Not my intention. I have a portfolio of domain names already. Some of them, like {myname}.com, I plan to own forever. So was just debating whether it was worth $400 to register forever, or if I should pay $13 + a...
by sillysaver
Sun Dec 09, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate the value of a Forever... [investment]
Replies: 10
Views: 1316

How to calculate the value of a Forever... [investment]

Stamp? Domain name? (assuming a certain inflation rate) These seem like attractive purchases, but I'd like a way to quantify the value. Is the value of a Forever ___ greater or less than the cost of purchasing/renewing every year? Surely there must be a financial calculator I could use? Seems simila...
by sillysaver
Sat Dec 08, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 236
Views: 14175

Re: Do long-term bonds belong in one's portfolio?

Diversifying across different asset classes and sources of return makes sense. Having some long term bonds allows one to capture the term premium, and LT bonds do well in deflation. So, you own some long term, some intermediate and short duration, and of course, assets like equities that do well in ...
by sillysaver
Sat Dec 08, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 13333

Re: Who else is getting excited? [about the market]

I'd be excited if we just opened down 50% on Monday. That would be the opportunity to buy shares at lower prices. A long, slow grind lower, with deceptive rallies along the way, is just confusing and nerve-wracking. Probably best not to follow financial news for now. Also, I've been thinking about c...
by sillysaver
Thu Nov 22, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Tiny Baby Spiders on my Toaster
Replies: 40
Views: 3188

Re: Tiny Baby Spiders on my Toaster

I love off-the-wall threads like this one. I have no idea.
by sillysaver
Sat Nov 17, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Update Re: Hubby soon to be laid off
Replies: 26
Views: 4990

Re: Update Re: Hubby soon to be laid off

Darth Xanadu wrote:
Fri Nov 16, 2018 10:47 pm
I try to max out my 401k by June/July precisely for this kind of scenario.
Did this recently, too. I saw the writing on the wall so I accelerated my contributions to the max (92%).
by sillysaver
Thu Nov 15, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4534

Re: Vanguard's Quantitative Equity Group Losing Talent

KyleAAA wrote:
Thu Nov 15, 2018 6:01 pm
Quants deliver a ton of value, just not anywhere you and I can invest.
This.
by sillysaver
Thu Nov 15, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4534

Re: Vanguard's Quantitative Equity Group Losing Talent

Dumb question but how hard is it to run stock screens and allocate to the top opportunities for a particular factor or set of factors? It doesn't strike me as particularly difficult. It’s much harder than you think it is. What part is difficult? It's a rank-and-sort problem, with readily available ...
by sillysaver
Thu Nov 15, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4534

Re: Vanguard's Quantitative Equity Group Losing Talent

Dumb question but how hard is it to run stock screens and allocate to the top opportunities for a particular factor or set of factors?

It doesn't strike me as particularly difficult.
by sillysaver
Wed Oct 17, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Isn't Paying off the mortgage early putting less money in your house (not more)?
Replies: 96
Views: 9525

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

It is not the opposite, it is a completely orthogonal concern (mortgage paydown vs. "putting more money into your house"), since a mortgage is just another liability which happens to be secured by your home. You consider the loss of portfolio equity to be somehow different than the loss of home equi...
by sillysaver
Tue Oct 16, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: apartment building FCF spreadsheet
Replies: 3
Views: 238

Re: apartment building FCF spreadsheet

Not available as a spreadsheet, but this could be useful:

https://achieveinvestmentgroup.com/mult ... -analyzer/
by sillysaver
Mon Oct 15, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to California
Replies: 49
Views: 4454

Re: Relocation to California

What 2015 said is true. I did a decade in LA and found all the problems he describes. However, as a software engineer, I found the salaries there really weren't all that great considering the high cost of living, stress and in general lower quality of life, compared to what I could get in Austin or ...
by sillysaver
Mon Oct 15, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1971

Re: Is it better to have fewer investment choices?

The TSP offers just 5 separate funds (G,F,C,S,I) and different allocations to each in their version of target date funds (L 2020, L2030 and so on). https://www.tsp.gov/InvestmentFunds/FundOptions/index.html If that's good enough for 2 million civilian federal employees, then what makes anyone think...
by sillysaver
Sun Oct 14, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: How much to spend on landscaping?
Replies: 6
Views: 1453

Re: How much to spend on landscaping?

It's a 3 BR / 2 BA, 2100 sq. ft. Zillow says it's worth 319k, although I talked to a realtor a little over a year ago who said we could get $350k. I bought it for $257k and have done maybe $30-40k of capex and improvements over the past 3 or so years, including new kitchen and bath cabinets, granite...
by sillysaver
Sun Oct 14, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1971

Re: Is it better to have fewer investment choices?

My main point was that I only need a few broad-based index investments, whether that's funds or ETF's. I was leaning towards funds as a vehicle for automatic investments (buying dollar amounts, with fractional shares), plus as a long-term investor I don't need intraday liquidity. On the other hand, ...
by sillysaver
Sun Oct 14, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: How much to spend on landscaping?
Replies: 6
Views: 1453

How much to spend on landscaping?

Goals: reduce water usage, nice look, deal with high grade (slope). Decomposed granite has mostly eroded due to rain. The grass has died in spots due to shade. I'm looking to convert to a xeriscape that uses drought-resistant plants that don't require much maintenance. I consulted a "native landscap...
by sillysaver
Sat Oct 13, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Anyone done a Hair Transplant?
Replies: 79
Views: 6347

Re: Anyone done a Hair Transplant?

Just wait until gene therapy is advanced enough.

Or learn not to care. I started losing my hair in my teens. Sometime in my 20's I decided to just start buzzing it close and it was extremely liberating once I accepted it.
by sillysaver
Sat Oct 13, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 62
Views: 3840

Re: DGS: Own it? Opinions on it?

livesoft wrote:
Sat Oct 13, 2018 5:33 am
It is a free trade at 3 of my brokers.
Which ones?
by sillysaver
Fri Oct 12, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 62
Views: 3840

Re: DGS: Own it? Opinions on it?

I own a bit in a Roth account. Seems like a good proxy for value and a good way to get small-cap exposure. I'm not going crazy with tilting but this is a good option.
by sillysaver
Thu Oct 11, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3427

Re: Budget Coffee

You know what's surprisingly good? Community Coffee from Baton Rouge. There's a local Mediterranean restaurant that serves one of their blends. Their Chicory coffee blend is my favorite.
by sillysaver
Thu Oct 11, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 5293

Re: Vanguard website problems [Transactions won't go through, 500 error...]

GIven that Vanguard seems to have a lot of issues with IT availability, wold you current customers recommend for or against Vanguard as a custodian?
by sillysaver
Sun Oct 07, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Tax question: Bought a rental property on 12/31/2017...
Replies: 4
Views: 685

Tax question: Bought a rental property on 12/31/2017...

Should I bother entering any of the basis for depreciation in 2017? We received no rental income until this year. Can we start taking depreciation in the following year without "losing" any?

We are not real estate professionals, and we are subject to passive loss limitations.
by sillysaver
Sat Oct 06, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1971

Re: Is it better to have fewer investment choices?

If you think the move will help you avoid stupid mistakes, then make the change. But I am curious as to why you think Vanguard will give you fewer investment choices? I have a taxable brokerage account with Vanguard. The account has held Vanguard mutual funds, Vanguard ETFs, non-Vanguard mutual fun...
by sillysaver
Sat Oct 06, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1971

Is it better to have fewer investment choices?

I've been thinking about moving all my accounts to Vanguard and just investing directly in the index funds, despite their disadvantages relative to ETF's. The reason is that I feel by limiting the number of investment options, as well as the ease with which I might trade, I prevent myself from makin...
by sillysaver
Sat Oct 06, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Doubling down on EM [Emerging Market]
Replies: 55
Views: 6778

Re: Doubling down on EM

Investors have short memories.

VWO was up 11.75% in 2016 and 31.8% in 2017. It was up from a low about $33 to 51 at the peak in January 2018, for a gain of over 50%.
by sillysaver
Sat Oct 06, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: DIY air purifier for $25
Replies: 16
Views: 2006

Re: DIY air purifier for $25

I have high Merv (9 and 10) filters installed in the intake vents of my HVAC system, but I've been told that this limits the airflow and could reduce the lifespan of my system as well as increase cost of operation. Anyways, they don't appear to help very much as I've been suffering severe allergies....
by sillysaver
Sat Oct 06, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: DIY air purifier for $25
Replies: 16
Views: 2006

Re: DIY air purifier for $25

Some of the comments on the video call into question its effectiveness, noting that air flows from the grill in front of the fan and back out the front, bypassing the filter, which should be installed on the intake side. However, in the video, the man who demonstrates its use appears to have install...
by sillysaver
Sat Oct 06, 2018 1:17 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 4069

Re: M1 Finance

I really like this broker. I opened an account to try them out. I invested a small amount in Cambria's Trinity pie, recently added to the platform, and it has been interesting to monitor it. The UI is very nice and simple, much cleaner than the complicated interfaces at traditional brokers. I like t...
by sillysaver
Sat Oct 06, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: DIY air purifier for $25
Replies: 16
Views: 2006

DIY air purifier for $25

I think the cost has have gone up somewhat since this video was made, but the general idea still makes sense:
https://www.youtube.com/watch?v=kH5APw_SLUU
by sillysaver
Sat Oct 06, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 16371

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

I lived briefly in Raleigh and worked in Cary, NC, when I was in my twenties. At the time, I thought it was a very boring place. However, today I think it might suit me better, as I no longer find urban living very "exciting." what is the reason for? I lived in LA for about a decade. Let's just say...
by sillysaver
Fri Oct 05, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 16371

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

I lived briefly in Raleigh and worked in Cary, NC, when I was in my twenties. At the time, I thought it was a very boring place. However, today I think it might suit me better, as I no longer find urban living very "exciting."
by sillysaver
Thu Oct 04, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 16371

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

Austin - the not as good - There's no real Mexican food here, 99% of it is "tex-mex" (think cheese from a can.) Locals will get offended if you knock it, but the tex-mex is terrible. (Brisket in a taco?) You can find the good MX but it's an effort This and the comment about no hole-in-the-wall rest...
by sillysaver
Thu Oct 04, 2018 8:16 am
Forum: Personal Investments
Topic: Syndicated Multi-fam Deals
Replies: 13
Views: 1376

Re: Syndicated Multi-fam Deals

A lot can go wrong and many people have lost a lot of money on these deals. There were many Tenant in Common (TICs) deals that defaulted or sold for big losses in 2010-2014. Although the article below is focused on TIC (Tenant In Common) Investments the schemes are similar. There is a Sponsor, poss...
by sillysaver
Wed Oct 03, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 16371

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

interesting you say that I have looked at zillow and it seems affordable? at least compared to califonia not to mention size of house/property. I guess it's all relative. In central areas, one cannot find a 3BR/2BA for less than $600k, and prices go up from there. That is more than ten times the av...