Search found 573 matches

by Whakamole
Tue May 15, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 5964

Re: Neighbor wants to use our land temporarily - let them or not?

I've never met the neighbor. They are only there six years. This is getting more complicated. It seems the neighbor has been using the land without asking. The grass cutting service couldn't cut a portion of the lot due to construction materials. Grass cutter asked the neighbor if they have permiss...
by Whakamole
Tue May 08, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 4978

Re: Buying new car or buying used car

Here is another example: Subaru Outback 2018 - good price $28k, best price $26k on Truecar 2016 - $18-19k 2015 - $16.5k So a 3 year old car can be about 40% off. 2 year old is approaching 30% off. Point is that I found these with barely any searching - very easy to find these deals. These are local...
by Whakamole
Thu May 03, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1403464

Re: U.S. stocks in freefall

Not again :oops:
by Whakamole
Wed May 02, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Benchmark Changes Over Time
Replies: 13
Views: 2120

Re: Total Bond Market Benchmark Changes Over Time

The Vanguard Total Bond Market benchmark has changed over time. The percentage on Treasury bonds has been as high as 50% and as low as 21%. In addition, the benchmark changed to float-adjusted after to financial crisis to take out Treasury bonds and other debt on the Feds balance sheet. An article ...
by Whakamole
Wed May 02, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10752

Re: Amazon to raise Prime membership in US to $119 from $99

I had no idea. That seems like total bs to me! You paid for an entire year, sucks that they can just cut it off like that! When you cancel, you keep the service until your membership is finished. [/quote] Weird, I canceled earlier this year (before the announced price increase) and was refunded alm...
by Whakamole
Mon Apr 30, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: When to buy a new car (need to find a Boglehead way)
Replies: 34
Views: 2673

Re: When to buy a new car (need to find a Boglehead way)

I see the 150K miles number brought up. As someone who is a few hundred miles shy of 150K in their car - is there a specific reason for that number?
by Whakamole
Sat Apr 28, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10113

Re: Wedding - financial burden on couple and attendees

Sometimes a local wedding can become a destination wedding for some of the guests. We had a local wedding in the US where we lived, but my parents had to fly in from Germany, and my best man had to fly in from Chicago. I do not remember if I even thought about their costs, was probably too much inv...
by Whakamole
Sat Apr 28, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 5241

Re: [Vanguard account locked out due to deceased owner]

What happens with a checking account where various companies (credit cards, car/mortgage loans, utilities, insurance companies, newspapers, etc) are automatically pulling payments each month. Would the bank not allow that if the account holder died and the bank was notified or found out? Most of th...
by Whakamole
Sat Apr 28, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 5241

Re: [Vanguard account locked out due to deceased owner]

What happens with a checking account where various companies (credit cards, car/mortgage loans, utilities, insurance companies, newspapers, etc) are automatically pulling payments each month. Would the bank not allow that if the account holder died and the bank was notified or found out? Most of th...
by Whakamole
Fri Apr 27, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 2704

Re: Do you sell or donate unused items?

Those old video games may be worth more than you think. I recently had an old CRT TV (remember those? the heavy ones?) and thought I would have to haul it to the recycler. Instead someone who collects and plays old video games (made when CRT TVs were still in production) took it off my hands. My und...
by Whakamole
Fri Apr 27, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10752

Re: Amazon to raise Prime membership in US to $119 from $99

Been meaning to try Walmart/Jet 2-day shipping. Here is my excuse. Shoprunner is also a good service - affiliated stores give you free 2-day shipping. I have it for free because of my Amex card though you do not have to use your Amex card for the purchase. I use it mainly for Newegg but they have a...
by Whakamole
Fri Apr 27, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: New 401K funds - help me understand costs
Replies: 5
Views: 473

Re: New 401K funds - help me understand costs

What I wrote is quoted from the communication. And my calculation is from their calculation example (using my own example). This is why I am confused - it seems extremely inexpensive. I work for a fortune 50 company so maybe due to its size, they are able to offer these prices? I work for a Fortune...
by Whakamole
Fri Apr 27, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: The Paperless Life
Replies: 45
Views: 4043

Re: The Paperless Life

Make sure there is at least some paper for your executor. The last thing you want is for whoever is managing your estate to have zero idea of where your accounts are and no way to know.
by Whakamole
Fri Apr 27, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10113

Re: Wedding - financial burden on couple and attendees

Totally acceptable and many did this for our wedding. There isn't a "check" per say. The wedding couple pays for their rooms, etc.....and buys a wedding package. IIRC, basic package was like a grand and there were several levels above and beyond. Our "check" at the end would've been the same if nob...
by Whakamole
Fri Apr 27, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10113

Re: Wedding - financial burden on couple and attendees

So from reading the thread: the idea (I'm tempted to use another word) is that by having a destination wedding: - bride and groom get to have a wedding in an exotic place, and they don't have to spend as much. - in return, everyone else who wants to go ends up paying for the wedding because the reso...
by Whakamole
Fri Apr 27, 2018 1:41 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10752

Re: Amazon to raise Prime membership in US to $119 from $99

Not a good deal anymore. I don't order much from Amazon - I've been finding that other stores, even eBay, have better prices. You don't always get two day shipping but if I need something right now I never got it in two days anyway because of an inevitable delay. They also took a very long time to f...
by Whakamole
Mon Apr 23, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 7490

Re: Do you buy new or used cars?

I've only bought new, twice. Both were cars I intended to keep for a long time (10+ years), the current car is still going strong as it closes in on 150K miles. Both cars were inexpensive "economy" cars but that is what I prefer to drive anyway. I think if you are buying Toyota or Honda (or Subaru i...
by Whakamole
Mon Apr 23, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: Need to cut the cable cord - is there an alternative?
Replies: 42
Views: 3141

Re: Need to cut the cable cord - is there an alternative?

I really like my Roku steaming stick. It's tiny (literally can plug directly in to your TV HDMI port, it just needs power), and it supports all the major streaming services (Netflix, Hulu, Amazon, etc.) and probably all of the minor ones too. I also like that, if it's late at night and you want to w...
by Whakamole
Mon Apr 23, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 128
Views: 19187

Re: Is it time to dump high yield savings for prime money market?

Does anyone know if there is a monthly transaction limit for PMMF? My current high yield savings account at Synchrony limits to six per month. I don't think money market funds are subject to Reg D. Appears that the Treasury is phasing them out, too. Out of curiosity, do you have a source for this s...
by Whakamole
Mon Apr 23, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 50
Views: 4604

Re: Vanguard factor funds slow to catch on

Wonder why people pick the most active fund, multifactor, as the one to buy? Because you may believe in factors but don't know which factor is the one to bet on, so why not buy the fund that invests in all of them? The oldest multi-factor fund I could find is PNC Multi-Factor Small-Cap Value C (PSV...
by Whakamole
Sat Apr 21, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Question on successor trustee best practice
Replies: 8
Views: 660

Re: Question on successor trustee best practice

It may be worth getting a trust/estate attorney if it is as complex as you say it is. You do not want to mess up. You might even be able to pay for the attorney out of the funds of the trust.
by Whakamole
Fri Apr 20, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9142

Re: NYT article: Everyone should hire a financial planner

I'm just nervous that with all the volatility in the fixed income market right now that just leaving the ladder in place (my original plan) could be a bad idea, especially as rates rise. I could sell it all and dump it in a vanguard bond fund, but some experts were paid a lot to put this thing toge...
by Whakamole
Fri Apr 20, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Coffeehouse portfolio using all Fidelity funds
Replies: 3
Views: 792

Re: Coffeehouse portfolio using all Fidelity funds

I think you can do this by looking at the Vanguard funds for this portfolio on this page: https://www.bogleheads.org/blog/the-coffeehouse-portfolio/ and then looking up the corresponding Fidelity fund (or iShares ETF) here: https://www.bogleheads.org/wiki/Fidelity So: First page says "US large cap i...
by Whakamole
Tue Apr 17, 2018 1:39 am
Forum: Investing - Theory, News & General
Topic: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)
Replies: 12
Views: 1683

Re: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)

I'm happy to see another name to add to the list. OTOH, free trades are the norm, so anybody that has to pay a commission is probably not looking too hard. In the old days, brokerages touted their long list of No-Transaction-Fee mutual funds, but one doesn't need a list of 5,000 or more mutual fund...
by Whakamole
Sat Apr 14, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 92
Views: 5943

Re: Any value investor buying a Russia fund?

One issue to think about is that Americans (and presumably any US-based mutual fund) will need to divest from certain companies by early May. That's going to have an effect on prices, of course, but it also means that you won't be able to own an actual index since it will need to exclude Rusal (whic...
by Whakamole
Sat Apr 14, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 15640

Re: Trinity Study updated to 2018

This study extended out to 40 years seems to indicate that Age in Bonds might be too conservative. AA with more than 25% stock do better at the 3% withdrawal rate. But perhaps Age in Bonds would still be 100% safe at 40 years, not sure. It's important not forget that while stocks have returned, on ...
by Whakamole
Thu Apr 12, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 22630

Re: Anyone Deleting Facebook?

Facebook has always been this way. I don't understand why people are suddenly concerned about them collecting and selling the same information about you that they have been doing since day 1.
by Whakamole
Wed Apr 11, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4604

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

(and I usually log in just to check monthly, it's actually quite simple), You don't even have to log in to check monthly, they have a decent tool for that :wink: https://www.treasurydirect.gov/indiv/tools/sbwsetup.exe That tool won't get updated anymore starting soon: https://www.treasurydirect.gov...
by Whakamole
Wed Apr 11, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments hard sell
Replies: 40
Views: 38684

Re: Fisher Investments hard sell

I have some experience that may be relevant to some. I have a very good friend that had done his research and decided the liked the market analysis that Fisher employed and decided (recently) to move some of their portfolio over. .... lots more positive review from this one-time poster My experienc...
by Whakamole
Tue Apr 10, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 15668

Re: Swedroe: Look Beyond 60/40 Portfolio

These alternatives are truly alternatives. I would not place them squarely in a box as a bond replacement or as a stock replacement. As we’ve said, they have equity like returns, about half the volatility of stocks If that is the case, why not put all of your investments into these funds? If they t...
by Whakamole
Mon Apr 09, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: And yet another example why Vanguard is a 4th tier firm in regard to customer service…
Replies: 20
Views: 1878

Re: And yet another example why Vanguard if a 4th tier firm in regard to customer service…

Perhaps there was a hash collision between password A and password B, meaning they calculated to the same hash value and thus Vanguard thought they were the same password. Using the intermediate password C (which would have a different hash) would work because now when you tried changing the passwor...
by Whakamole
Mon Apr 09, 2018 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on inherited IRA/401k
Replies: 8
Views: 665

Re: Questions on inherited IRA/401k

I believe that some 401k custodians will NOT allow you to leave the 401k with them in this case -- have you confirmed that is an option? You also need to understand whether the deceased had begun taking distributions. Did they pass away in 2018? They passed away this year but had not started distri...
by Whakamole
Mon Apr 09, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 15668

Re: Swedroe: Look Beyond 60/40 Portfolio

Hilink, Longinvest, your points are probably valid. Of course do costs matter. But Swedroe is discussing how to diversify a standard portfolio of equities and bonds and not replacing a broad total-market index funds with an actively managed one. Diversify a portfolio like he advocated in 2008? Let'...
by Whakamole
Mon Apr 09, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 15668

Re: Swedroe: Look Beyond 60/40 Portfolio

If Larry's point was that commodities had an inverse correlation to stocks, it looks like he was correct for the most part; commodities have not done well over the past decade as stocks have done extremely well. I'm a bit skeptical of this claim over the long run, and we can see from the chart that ...
by Whakamole
Mon Apr 09, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 2522

Re: Easily digestible info/blog on finances for spouse?

How about Jane Bryant Quinn? "Making the Most of Your Money" was one of the first personal finance books I read, and a lot of the advice has stuck with me over the years. Looking at her web site, she also has good taste in recommended books (Four Pillars of Investing, Common Sense on Mutual Funds, A...
by Whakamole
Mon Apr 09, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Questions on inherited IRA/401k
Replies: 8
Views: 665

Questions on inherited IRA/401k

Hi, I'm inheriting a portion of an IRA and 401k due to the passing of a loved one. I've started paperwork on one and will start on the other as soon as it's available, but I do have some questions. Both the IRA and 401k were held at Fidelity, and I'm probably going to keep the assets there since I a...
by Whakamole
Mon Apr 09, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 15668

Re: Inflation and Bond Returns

I’m not sure that those of you who take comfort in a relative higher interest payment, as a result of a bond fund decline, are factoring in what could happen if rates rise from near zero to anything even close to historic levels. For anything other than short term bonds. It will take years and year...
by Whakamole
Fri Apr 06, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 16887

Re: What can we learn from secret millionaires.

I think some of us either had it lucky or struggled and assume others who are successful went through the same thing. That is not necessarily true, and we shouldn't make assumptions.
by Whakamole
Fri Apr 06, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12668

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

I realize the VIX has flaws, but if we use that as a rough measure of volatility, the markets were a lot more volatile not long ago.
by Whakamole
Wed Apr 04, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10779

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

I work in tech, and there really isn't that much peer pressure to spend. You see some nicer cars in the parking lot (Tesla because of the tech involved/"green" virtue signaling), but I also see many more inexpensive subcompacts. Some pressure on housing but housing is expensive in general in the are...
by Whakamole
Wed Apr 04, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: EverBank Novel CD Product
Replies: 18
Views: 1951

Re: EverBank Novel CD Product

Riley15 wrote:
Tue Apr 03, 2018 10:02 pm
EverBank which is now a division of TIAA just released a very interesting new CD product.
For some reason this reminds me about the thread about Primerica which mentioned that it was owned by Citi when the poster became involved with them. viewtopic.php?t=245905
by Whakamole
Tue Apr 03, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: CDOs are back! How to spot them in fund holdings?
Replies: 10
Views: 2414

Re: CDOs are back! How to spot them in fund holdings?

- underwriting standards are still tougher than pre crash- the banks have paid 10s of billions of fines over defrauding investors, so their risk control people will be all over it. Also the banks are required to keep 5% of the mortgages on their balance sheet, when they securitize I would point to ...
by Whakamole
Tue Apr 03, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Microsoft tech support scam - how to recover?
Replies: 39
Views: 4352

Re: Microsoft tech support scam - how to recover?

I told the scammer that I worked for Microsoft too and asked for their email alias.

Haven't gotten a call since. :twisted:
by Whakamole
Tue Apr 03, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: CDOs are back! How to spot them in fund holdings?
Replies: 10
Views: 2414

Re: CDOs are back! How to spot them in fund holdings?

- underwriting standards are still tougher than pre crash- the banks have paid 10s of billions of fines over defrauding investors, so their risk control people will be all over it. Also the banks are required to keep 5% of the mortgages on their balance sheet, when they securitize I would point to ...
by Whakamole
Mon Apr 02, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Is Lockheed Martin about to become the biggest company in history?
Replies: 66
Views: 6620

Re: Is Lockheed Martin about to become the biggest company in history?

They should combine that with blockchain and come out with FusionCoin. What's next after a trillion?
by Whakamole
Mon Apr 02, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 10904

Re: “We’re not making enough money off you”

I don't see the issue. They weren't asking the customer to leave, just that they weren't going to offer below-market loan rates since he wasn't offsetting that through other spending. What's wrong with market rates?
by Whakamole
Mon Apr 02, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1403464

Re: U.S. stocks in freefall

I had been holding the short-term muni bond fund VWSUX in taxable as a way to get a better rate on cash. With the change in tax rates, the short-term Treasury fund pays better (and has a lower minimum for Admiral shares.) While changing funds, I'm taking some of the proceeds and buying Total Interna...
by Whakamole
Sun Apr 01, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Financial advisor payout grid - AXA cold caller
Replies: 14
Views: 1288

Re: Financial advisor payout grid - AXA cold caller

There is a person from one of these outfits (I think NW Mutual) who cold calls everyone at my employer. The scam is that they always claim that "I work with one of your co-workers and they gave me your name", but if you ask who it was, it's always confidential blah blah.
by Whakamole
Sat Mar 31, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 10055

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

This chat feels like two questions are asked. First, is there demand for cryptocurrencies? There is demand for an asset class/ payment process that is anonymous. My sense is the demand will continue as privacy continues to be valued. The second question is valuation? Agree with the other posts. Cry...
by Whakamole
Fri Mar 30, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 6035

Re: New car from dealer may have close to 150 miles - ok?

I think what bothered me was they wouldn't tell me where the other dealer is. I asked if they could just take a picture of the odometer and they said no. Again, I have no reason to believe anything fishy is going on. Just didn't realize that's how they sometimes transport cars from other dealers. T...