Search found 194 matches

by sillysaver
Thu May 14, 2020 6:25 am
Forum: Personal Investments
Topic: Cash out refi to invest 100k
Replies: 30
Views: 2313

Re: Cash out refi to invest 100k

what if I refi'd for 30 years, and took the full value out in cash. so about $100,000 and invested all of that into this new covid economy? There are safer ways to relieve boredom. What would you invest in? I did something similar last year: pulled out $100k and invested in a couple of real estate ...
by sillysaver
Wed May 13, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: "Scary" Stocks For The Long Term: Jonathan Clements
Replies: 25
Views: 4228

Re: "Scary" Stocks For The Long Term: Jonathan Clements

Corporate profits and P/E's are mean-reverting. Maybe in the very long-term, but they most definitely are not reliably mean reverting. The general trend we've seen in the world's developed markets for the last 40 years has been expanding valuations, which at least some believe is indicative of the ...
by sillysaver
Tue May 12, 2020 8:12 pm
Forum: Investing - Theory, News & General
Topic: "Scary" Stocks For The Long Term: Jonathan Clements
Replies: 25
Views: 4228

Re: "Scary" Stocks For The Long Term: Jonathan Clements

Corporate profits and P/E's are mean-reverting. You can't project future returns without considering that valuations and earnings might be lower in the future. That's especially the case in the US, where we have experienced a huge run in the past decade or so. It seems unlikely that the next decade ...
by sillysaver
Mon May 11, 2020 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Deciding on refinance, confused about closing costs
Replies: 9
Views: 1072

Deciding on refinance, confused about closing costs

[EDIT: Forgot to include Column D from Loan Estimate] We did a cash-out refinance last year at 4.5%, 30 years fixed. I am looking now at 3.875%, no points, lender credits towards closing costs, which are outlined below from the Loan Estimate. As I am playing around with loan calculators, it seems th...
by sillysaver
Fri Apr 17, 2020 7:24 am
Forum: Personal Investments
Topic: What to do with HSA funds?
Replies: 4
Views: 623

What to do with HSA funds?

I rolled over about $3800 from a previous job to Fidelity. What should I do with this money? In the past, I was quick to withdraw funds from my HSA to pay for medical out of pocket expenses. I kept most of it in a short-term corporate bond fund, which turned out to be a pretty good parking place. No...
by sillysaver
Fri Apr 17, 2020 7:16 am
Forum: Personal Consumer Issues
Topic: How are you exercising with gym closures
Replies: 111
Views: 6068

Re: How are you exercising with gym closures

I prepared for the zombie apocalypse awhile back by letting my gym membership lapse. My workouts looks like this: - Random kettlebell movements throughout the day, farmer's carries and deadlifts with my 140-lb powerblock dumbbells. - 7 minute scientific workout (HIIT/tabatas) - Bodyweight circuits -...
by sillysaver
Wed Apr 15, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: I am feeling forced to buy into this market
Replies: 55
Views: 6213

Re: I am feeling forced to buy into this market

I am in a similar situation. I have been aggressively allocating to stocks, and some of my purchases are up 20% since the bottom. I still have some unallocated cash and I'm thinking now would be a good time to add to bonds. Do what makes sense in the context of your IPS and asset allocation. If you ...
by sillysaver
Fri Mar 27, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24633

Re: Are you still going to the grocery store or using a delivery service? Which?

Getting delivery or curbside pickup from any of the local grocery stores such as Whole Foods or HEB has become nigh-impossible. Every time I've tried for the past couple weeks, there are no times available. I did go early Sunday morning the other day, with my personal protection equipment. Many thin...
by sillysaver
Thu Mar 26, 2020 9:19 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 53383

Re: How Is Your Job Being Impacted By The Current Crisis?

Funny thing. I quit my job a few weeks ago before this CV panic started. I was fully aware of the CV because I had traveled recently, but I had no idea it would lead to lockdowns in my city. I got a month's severance. I heard that everyone is now working remotely, which would have been ideal. It see...
by sillysaver
Tue Mar 24, 2020 11:16 am
Forum: Personal Investments
Topic: Has anyone hit pause on their 401k or monthly IRA contributions?
Replies: 32
Views: 1714

Re: Has anyone hit pause on their 401k or monthly IRA contributions?

Opposite. I am in-between jobs at the moment but we've increased my wife's contributions, changed from pre-tax to Roth contributions, and converted part of her pre-tax savings to a Roth. I can do this because I have lots of cash in the bank and on the way from a property sale and am starting a new j...
by sillysaver
Sun Jul 28, 2019 7:36 am
Forum: Personal Investments
Topic: Real Estate Proceed Advice
Replies: 13
Views: 1195

Re: Real Estate Proceed Advice

I'm looking for advice on what to do with proceeds from a recent real estate sale. I sold my previous primary residence and cleared around $230k in cash. I had already purchased another house before the sale of my old home. I currently have a 30 year fixed mortgage of 3.875% with 410k remaining. My...
by sillysaver
Sat Jul 27, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 12716

Re: Come over to the Liability Matchng portfolio side: the water is fine

I like this. I have been reading Zvi Bodie's Worry-Free Investing and that's what he advocates. My problem is how do I know how much I should put in a LMP and how much in a risk portfolio? I am fairly young (42). I would anticipate working for another 10-20 years or so. The amount of money needed to...
by sillysaver
Thu Jul 25, 2019 3:23 pm
Forum: Non-US Investing
Topic: [EU] My portfolio manager passed away and I could really use advice how to proceed with my portfolio management
Replies: 44
Views: 2688

Re: [EU] My portfolio manager passed away and I could really use advice how to proceed with my portfolio management

What you're asking is how to get decent returns with less risk. More bonds is one way, but the problem is bond returns are so low today.

I kind of like the idea of low-vol ETF's and sector funds in consumer staples & utilities for more defensive portfolios.

Also, look up the "Larry Portfolio".
by sillysaver
Sat Jul 20, 2019 10:53 am
Forum: Personal Investments
Topic: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?
Replies: 6
Views: 639

Re: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?

The reason I would sell is to not have to deal with 6 rental properties- tenants, finding them, maintenance, repairs, taxes- which in TX are huge, payments and problems if the houses need repairs or are empty- basically all the details of homeownership that I am willing to deal with to have someone...
by sillysaver
Sat Jul 20, 2019 7:59 am
Forum: Personal Investments
Topic: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?
Replies: 6
Views: 639

Re: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?

ut I really feel that the advantage goes away when they are paid off- am I wrong? To some extent, you are correct. You lose the interest deduction. Some people find the peace of mind of no debt allows them to sleep better at night, though. Therefore, they dream of having a portfolio of paid off hom...
by sillysaver
Sat Jul 20, 2019 7:55 am
Forum: Personal Investments
Topic: If you had $1M to invest what would you do?
Replies: 26
Views: 3274

Re: If you had $1M to invest what would you do?

If I had a million to invest, my thinking is that $1M isn't enough to replace my earned income, but it is a substantial chunk of money. Due to my loss aversion, I probably would re-think my current asset allocation. I'd probably put a big chunk into inflation-protected bonds and real estate, and som...
by sillysaver
Sat Jul 20, 2019 7:52 am
Forum: Personal Investments
Topic: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?
Replies: 6
Views: 639

Re: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?

we would be losing this money to interest payments.

Deductibility aside, your tenant is paying the interest. You're not "losing" any money, you're paying for the use of the bank's money in order to earn a higher rate of return.
by sillysaver
Sat Jul 20, 2019 7:50 am
Forum: Personal Investments
Topic: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?
Replies: 6
Views: 639

Re: Real estate: Sell (and Invest), Cash-Out Refinance (and Invest), or Keep? How to build wealth?

1. Sell the homes at the moment that they are paid off. Why sell at this point? That wasn't clear to me. Is your goal to use RE to build wealth? Are you shifting to capital preservation at that time due to your age in the future? 2. Keep the homes. Cash out refinance. Use some of the money for down...
by sillysaver
Mon Jul 15, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 169
Views: 12897

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

The appeal of accounting to me would be that I could work as an independent entrepreneur, doing tax returns for small businesses and individuals. I don't know about the actual work itself, although it seems to me there is an opportunity to provide value above and beyond the basic data entry, and adv...
by sillysaver
Fri Jul 05, 2019 1:25 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 12357

Re: Pick one: $135,000 rental property or $110,000 in REITs

We own a $135k rental (approximate market value). If I could do it over I would just invest in a syndication deal, or REIT's. VNQ is a nice option. I just got back from my CPA. She needs me to prepare a worksheet with all our expenses from last year. This is more work than I would like to do. We hav...
by sillysaver
Thu Jun 06, 2019 7:07 am
Forum: Personal Investments
Topic: ESPP questions
Replies: 4
Views: 279

Re: ESPP questions

Shares "held less than two years" are held in a separate account (the ESPP account). It just means if you want to sell, you will sell the shares in the ESPP account. Yes, you should participate. If you're getting a discount on the shares, it's essentially free money. You can sell as soon as the shar...
by sillysaver
Thu May 30, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 6246

Re: Jim Cramer

I think I'm starting to realize just how inane the finance media is. I was listening to his show on the way home from work the other day and I literally had the thought "This information is useless!". But, "Buy-buy-buy sell-sell-sell!" can be sort of entertaining and a nice distraction to keep my m...
by sillysaver
Mon May 27, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: Home Air Filters
Replies: 65
Views: 16071

Re: Home Air Filters

I used to use the high MERV, electro-statically charged filters until we replaced the HVAC. The installer told us these are not good for the system and it will wear down more quickly due to the constricted airflow. Also, these things attract dust like crazy. I spent a lot of time cleaning the accumu...
by sillysaver
Sat May 25, 2019 9:16 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 248
Views: 32382

Re: Bogle "5% Gold"

I have a few coins in a safe deposit box and keep about 5% of my portfolio in physical and precious metals equities (GDX). The equities are more volatile and offer more opportunities to harvest gains by rebalancing. There was a nice bull market in precious metals in the 00's (The Lost Decade) that a...
by sillysaver
Mon Jan 21, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on tax, real estate
Replies: 0
Views: 214

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: 5148

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: 248
Views: 25061

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: 11013

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: 248
Views: 25061

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: 6615

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: 2040

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: 2040

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: 1625

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: 1581

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: 1581

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: 8399

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: 10
Views: 1392

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: 1378

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: 1377

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: 1377

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: 16693

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: 14219

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: 3420

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: 5125

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: 5287

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: 5287

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: 5287

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.