Search found 1944 matches

by whodidntante
Sun Aug 20, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Advantages of Having No Credit Score
Replies: 12
Views: 744

Re: Advantages of Having No Credit Score

It's easier to list disadvantages to no credit score. The mortgage will establish a credit history as the majority of mortgage lenders report to the bureaus, and it would be easy enough to run a few dollars a year through a credit card. You can freeze your credit or use a credit monitoring service i...
by whodidntante
Sun Aug 20, 2017 3:35 am
Forum: Personal Consumer Issues
Topic: Weightlifting Equipment for Home Gym
Replies: 27
Views: 1646

Re: Weightlifting Equipment for Home Gym

If you are new to the powerlifts, it would be better to find a gym for the first year or two. It may not be something you stick with. Some gyms cater to powerlifters and they tend to be small and cheap. Some work like a coop and only a few people use the place. And there are knowledgeable people the...
by whodidntante
Sat Aug 19, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: Here is a criticisim of active management I don't get
Replies: 24
Views: 2095

Re: Here is a criticisim of active management I don't get

You're referring to tactical allocation. It is possible to outperform if your time horizon is long enough by looking at valuations and expected forward returns. The problem is that most investors think short term, and a mutual fund will often start to face redemptions before outperformance can be re...
by whodidntante
Sat Aug 19, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 1931

Re: Did Chase Apply My "Additional Principal" Payment Legally?

In general, it is best to avoid human involvement for such things. No paper, no mail, no talking to anyone. In the past I used my lender's website to do loan pre-payment and what I expected to happen happened.
by whodidntante
Sat Aug 19, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: New to 401k. How is this Match?
Replies: 14
Views: 1234

Re: New to 401k. How is this Match?

The match is not great. They are not required to give one at all and $1,000 is not pocket change, so don't be too hard on your employer. You could lobby for an improvement on the match once you become established. At 15% marginal, I would prefer a Roth. You're paying so little tax that you might as ...
by whodidntante
Sat Aug 19, 2017 12:37 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 42
Views: 2344

Re: Home Page Updated

Thanks for your work.
by whodidntante
Sat Aug 19, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 61
Views: 4465

Re: IBonds: My worst bond investment over the last 5 years

I don't see a reason to buy I-bonds when they don't keep up with inflation. -bb But they have, and if you'd have read the thread before posting, you'd have discovered that. The problem is taxes. Unless you have a healthy fixed rate in you iBonds which has not been offered for several years now, you...
by whodidntante
Sat Aug 19, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 61
Views: 4465

Re: IBonds: My worst bond investment over the last 5 years

You're comparing a lot of different kind of fruits there over a short time period. Don't confuse outcomes with strategy. In poker we call this "playing results."
by whodidntante
Sat Aug 19, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Anyone Using LINE for Free Int'l Cell Phone Calls?
Replies: 2
Views: 197

Re: Anyone Using LINE for Free Int'l Cell Phone Calls?

Several providers have a feature called wifi calling now that will allow free calls and texts to the USA from overseas. If you pair it with a paid wifi network it's pretty powerful.
by whodidntante
Sat Aug 19, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 174
Views: 12730

Re: Lost $7000 today in ONE DAY!

As Warren Buffett noted during the financial crisis "things are on sale". I don't hear him saying that right now. Exactly! No panic presently. Oh, I'm not panicking. But quoting Buffett from the financial crisis is disingenuous. This was a tiny burp of a pullback within an incredible bull market an...
by whodidntante
Sat Aug 19, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or taxable account
Replies: 28
Views: 1900

Re: Pay off mortgage or taxable account

It's not always about the math. Liquid savings in taxable is not to be underestimated. With a home, your emergency fund needs just increased. Make sure you have 1 year expenses stashed away in cash (high yield savings account, Treasury bills, CDs, I-Bonds, pick your poison). Ideally, you should hav...
by whodidntante
Fri Aug 18, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 174
Views: 12730

Re: Lost $7000 today in ONE DAY!

abuss368 wrote:
Fri Aug 18, 2017 10:39 pm
As Warren Buffett noted during the financial crisis "things are on sale".
I don't hear him saying that right now.
by whodidntante
Fri Aug 18, 2017 12:07 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4174

Re: Powerball - $510 million?

It would need to get a lot bigger to have a positive expectation. And then the bogleheads should pool their resources. :happy
by whodidntante
Thu Aug 17, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 174
Views: 12730

Re: Lost $7000 today in ONE DAY!

As a portfolio grows, asset allocation and diversification become more important.
by whodidntante
Thu Aug 17, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 132
Views: 8101

Re: Anyone planning on never retiring?

Eventually your health will fail and you will be unable to work.

I don't want the kind of retirement where I need to watch every penny. But if I have the resources to do what I want (within reason) I'll quit my day job.
by whodidntante
Thu Aug 17, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Want to give money to relative traveling int'l - options?
Replies: 19
Views: 1053

Re: Want to give money to relative traveling int'l - options?

Have the target open a checking account with an ATM card in their own name. Do a deposit into that account. An electronic transfer of the desired amount to their account will be possible. You can accomplish this with Zelle for free if you both have accounts at a member bank, or you could do a wire t...
by whodidntante
Wed Aug 16, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: 30 Year @ 3.875
Replies: 5
Views: 887

Re: 30 Year @ 3.875

That's not bad. You will be able to beat it with a 20 year or 15 year term.
by whodidntante
Wed Aug 16, 2017 7:46 pm
Forum: Investing - Theory, News & General
Topic: Investing in a international stock overseas vs the ADR
Replies: 13
Views: 1048

Re: Investing in a international stock overseas vs the ADR

Hi, thanks for the interesting topic. I am interested in dividend stocks and i am a non-US investor, based in the middle east. I see that there are lot of interesting european stocks that have ADR in the OTC market : examples like AIQUF , LRLCY ... Is it more convenient to own direct stocks or thes...
by whodidntante
Wed Aug 16, 2017 5:45 pm
Forum: Personal Consumer Issues
Topic: Credit score dropped 100 points overnight
Replies: 31
Views: 2707

Re: Credit score dropped 100 points overnight

Maybe something was reported to Transunion to drive it down. You can pull a free report and see what's in the report. High revolving credit utilization, combined with a new inquiry, and reduced average age of accounts might be enough to do that if you don't have much of a credit history and don't ha...
by whodidntante
Wed Aug 16, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: CD vs car-loan payment
Replies: 12
Views: 1292

Re: CD vs car-loan payment

I took a car loan for 5 years at 1.89%. That is an anomalously low interest rate and I'm happy to accept it. I did and still do have the money, but I have no plans to pay it off early. Instead, the money is invested according to my desired asset allocation, and I place the money tax efficiently. I d...
by whodidntante
Wed Aug 16, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 6104

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

My international investments are heavily tilted. My confirmation bias is tickled.
by whodidntante
Wed Aug 16, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 76
Views: 7076

Re: Study: The Rate of Return on Everything, 1870-2015

Residential real estate investing is a job. I've already got one. Also it has costs and risks that if excluded will cause you to overestimate the returns and underestimate the risks of the investment. Taxes, loan costs and leverage risks, maintenance costs, insurance, legal costs (eviction, torts, e...
by whodidntante
Wed Aug 16, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Emergin market bond fund in taxable
Replies: 12
Views: 637

Re: Emergin market bond fund in taxable

A traditional IRA is a tax advantaged account. The advantage is you defer taxes until you withdraw funds, and you typically were able to fund it with pre-tax money. If you put it in a taxable account, the dividends are taxable at your marginal rate immediately, and you may have either a capital gain...
by whodidntante
Wed Aug 16, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund in Taxable... ok for me?
Replies: 27
Views: 1651

Re: Bond Fund in Taxable... ok for me?

A lot of people here have large online savings accounts that are taxed at marginal rate. What you are proposing is not worse than that. It is more tax efficient to hold equity index ETFs in taxable and bond funds in pre-tax (401k, traditional IRA). I personally don't find the rebalancing to maintain...
by whodidntante
Wed Aug 16, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Do you manage your asset allocation like a Target Fund?
Replies: 20
Views: 1389

Re: Do you manage your asset allocation like a Target Fund?

Your risk tolerance defines your willingness to take risk.
Your portfolio size defines your need to take risk.
Your timeframe defines your ability to take risk.

Target date glide paths assume the timeframe dominates. It doesn't, at least not always.
by whodidntante
Tue Aug 15, 2017 11:52 pm
Forum: Investing - Theory, News & General
Topic: Market timing alert !!
Replies: 24
Views: 4437

Re: Market timing alert !!

navyitaly wrote:
Tue Aug 15, 2017 9:34 pm
if you bought $10k why didn't you buy the admiral shares...
The OP knows that the market is going down, and concluded that it really wouldn't be fair to existing shareholders.
by whodidntante
Tue Aug 15, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Have (3) 401ks - Where/if to consolidate?
Replies: 6
Views: 719

Re: Have (3) 401ks - Where/if to consolidate?

If they are bad/mediocre 401ks and you don't need to do a backdoor Roth, I would initiate a rollover to an IRA today. I would roll it over to TD Ameritrade or Merrill Edge to get decent customer service and a bonus.
by whodidntante
Tue Aug 15, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 5982

Re: please help...am I overextended - first home

When you projected your monthly cash flow, was the number at the bottom large and positive? If so, you will not be overextended.
by whodidntante
Tue Aug 15, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Postal Service -- "informed delivery"
Replies: 88
Views: 4874

Re: Postal Service -- "informed delivery"

I've signed up. Thanks.
by whodidntante
Mon Aug 14, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Value of International Stock in 401k?
Replies: 32
Views: 1608

Re: Value of International Stock in 401k?

My 401k only has one index fund, an S&P 500 index fund. For international I have three choices. Two actively managed ex-US funds, and a DFA emerging market fund. I just put developed in taxable and in my Roth. That's an option for many people. It's not the end of the world if you end up buying a 1% ...
by whodidntante
Sun Aug 13, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Due to 8 Year Bull Market, Pay Off Rental Now?
Replies: 35
Views: 3595

Re: Due to 8 Year Bull Market, Pay Off Rental Now?

In your shoes I would keep doing what you are doing. I think you are on a good path.
by whodidntante
Sun Aug 13, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6807

Re: Dave Ramsey spends two segments on his investing advice

We should separate his "get out of debt" advice from his investment advice. The former can be life changing for those in debt. The latter, well, it's not the Boglehead way. His advice on personal finance is junk, too. He preaches extreme debt aversion and if you follow his advice, you'll end up dir...
by whodidntante
Sun Aug 13, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: What % of income to buy a car is not excessive?
Replies: 48
Views: 3262

Re: What % of income to buy a car is not excessive?

I don't view % of income as good way to decide and I've never decided that way. There are a lot of factors. But looking at past behavior I have keep it to 30% or under, and I subsequently kept the car for many years. I've paid for all but the most recent car in full, where I took a five year loan du...
by whodidntante
Sun Aug 13, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6807

Re: Dave Ramsey spends two segments on his investing advice

Tamalak wrote:
Sun Aug 13, 2017 9:30 am
It's always been my policy that if your net worth is below zero, listen to Dave Ramsey, and if it's above zero, listen to Bogleheads.
Lol
by whodidntante
Sun Aug 13, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 1366

Re: Create a Mortgage Payoff Fund or Not?

200k emergency fund, eh? Some people retire with less money.
by whodidntante
Sat Aug 12, 2017 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Loan?
Replies: 19
Views: 1258

Re: Personal Loan?

The refi would save you a few hundred dollars in interest, which is probably worth the slightly negative temporary impact the new loan would have on your credit. So take that, or any other lower interest loan you are comfortable with.
by whodidntante
Sat Aug 12, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Loan?
Replies: 19
Views: 1258

Re: Personal Loan?

I routinely get cash advance checks sent to me that offer 0% for 12-18 months and a cash advance fee of 3%-5%. That's cheaper than other unsecured rates you can find. I miss the days when there was no fee and you could get worthwhile returns on risk-free investments. Another option is a secured loan...
by whodidntante
Sat Aug 12, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Core position in Fidelity
Replies: 24
Views: 2151

Re: Core position in Fidelity

Treasuries are just as iron-clad as the FDIC.
by whodidntante
Sat Aug 12, 2017 6:35 pm
Forum: Personal Consumer Issues
Topic: Backup of Sensitive Information
Replies: 32
Views: 1989

Re: Backup of Sensitive Information

You do not need to trust online backup services if you handle the encryption yourself, or if the decryption key does not leave your possession. The former could be accomplished with any online backup service, but the latter is more limited. I know crashplan supports that. I trust Crashplan with my ...
by whodidntante
Sat Aug 12, 2017 5:45 pm
Forum: Personal Consumer Issues
Topic: E-delivery of transaction confirmations
Replies: 12
Views: 826

Re: E-delivery of transaction confirmations

I'm as electronic as possible and I don't want anyone to send me mail about anything. I have tried every means to get Fidelity to stop sending me mail. They have proven incapable of complying with my request.
by whodidntante
Sat Aug 12, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 46
Views: 4636

Re: What home task(s) are worth learning to do yourself?

I'm pretty handy and do most maintenance myself for my vehicles and my home. I enjoy it as low grade intellectual stimulation. My work involves solving complex multi-year strategic challenges and it's nice to begin and end something in a day as a change of pace. I don't think you should try to learn...
by whodidntante
Sat Aug 12, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Testing Our Allocations Emotionally
Replies: 26
Views: 1650

Re: Testing Our Allocations Emotionally

I rode through the tech bubble pop circa 2000 and the global financial crisis circa 2008 without doing anything against my best interests. It doesn't make a very good t-shirt, though. The only big mistake I've made was to start off by thinking Dave Ramsey knew what he was talking about. It lead to u...
by whodidntante
Sat Aug 12, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: Backup of Sensitive Information
Replies: 32
Views: 1989

Re: Backup of Sensitive Information

You do not need to trust online backup services if you handle the encryption yourself, or if the decryption key does not leave your possession. The former could be accomplished with any online backup service, but the latter is more limited. I know crashplan supports that. What I do is I use two hard...
by whodidntante
Sat Aug 12, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: Motif Investing Implementation of Ultimate Buy and Hold
Replies: 29
Views: 3809

Re: Motif Investing Implementation of Ultimate Buy and Hold

I think you're making too much of this analysis. You aren't going to be able to mathematically determine the optimal portfolio going forward, because there are too many unknowns. You risk "paralysis by analysis", where you don't get anything decided. Exactly. If we knew for sure what was going to w...
by whodidntante
Sat Aug 12, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down home or increase Retirement Contributions
Replies: 21
Views: 1354

Re: Pay down home or increase Retirement Contributions

I am a fan of paying off the mortgage. Why, you never know what lies in the future. Like loss of job and delay of getting another job. Easy to pay bills when no mortgage. To me, potential job loss is an argument against prepaying a mortgage. You need liquidity to deal with a long period of unemploy...
by whodidntante
Sat Aug 12, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Is Fidelity advocating digital currency investments?
Replies: 5
Views: 778

Re: Is Fidelity advocating digital currency investments?

I think they were caught off guard and probably want to see how people trade and use bitcoin.
by whodidntante
Sat Aug 12, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 2117

Re: TSP Allocation Strategy for the AGRESSIVE Investor

The G fund is excellent. It currently yields 2.25% with no interest rate risk or credit risk. I would put all of my fixed income there if I had access to it. What does aggressive mean to you? When some people say "aggressive" they could mean high % stock allocation, overweighting small and value, or...
by whodidntante
Sat Aug 12, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down home or increase Retirement Contributions
Replies: 21
Views: 1354

Re: Pay down home or increase Retirement Contributions

I am a fan of paying off the mortgage. Why, you never know what lies in the future. Like loss of job and delay of getting another job. Easy to pay bills when no mortgage. To me, potential job loss is an argument against prepaying a mortgage. You need liquidity to deal with a long period of unemploy...
by whodidntante
Sat Aug 12, 2017 1:42 am
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 3194

Re: Elite status clubs that you are part of?

Casino comps can make you feel pretty special. Waking up in a nice room to find that the bill "has been taken care of" compliments of so and so when you didn't ask for it.