Search found 37 matches

by jmorgans
Sun Mar 11, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: car lease calculation with trade in
Replies: 4
Views: 332

Re: car lease calculation with trade in

They can do it either way. I would opt for a check for several reasons: 1) assuming interest rate is low you take great advantage of it 2) keeps the transaction simpler so you can compare quotes from multiple dealers and/or private sale of the car 3) most important- the trade-in could be considered ...
by jmorgans
Thu Dec 21, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 58813

Re: Can I pre-pay 2018 mortgage and deduct interest on 2017 taxes?

I don't understand why you're so gung ho to pay interest early when you only get a portion of it refunded. How much depends on your tax bracket. If you have extra money put it toward paying down the principal where 100% of it reduces your outstanding balance. Just a guess but itemizing for 2017 and...
by jmorgans
Fri Jun 24, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage options with 10% down in NY
Replies: 5
Views: 664

Re: Mortgage options with 10% down in NY

Thinking about this makes me wonder why anyone gets PMI? Do they not qualify for the second mortgage? Are they putting down less than 10%?
by jmorgans
Fri Jun 24, 2016 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage options with 10% down in NY
Replies: 5
Views: 664

Re: Mortgage options with 10% down in NY

I recall people a few years ago taking an 80% LTV mortgage and then closing on a 10% home equity loan at the same time to avoid PMI. Not sure if this is still an option?
by jmorgans
Thu Jun 02, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: Discounted Gift Card Websites - issue
Replies: 11
Views: 1716

Re: Discounted Gift Card Websites - issue

You should not have any trouble getting your money back if the card arrived with no value. The more typical scam is the seller writes down the card number and empties the card AFTER the buyer receives it and checks the balance.
by jmorgans
Thu Dec 10, 2015 9:30 am
Forum: Personal Consumer Issues
Topic: Outdoor gas grill recommendation
Replies: 58
Views: 6782

Re: Outdoor gas grill recommendation

Of course the Weber Genesis. 1. Get a Lowes 10% off coupon. Did you successfully use a 10% off coupon on a Weber grill? I'm pretty sure I tried this at both Lowe's.com and homedepot.com and both excluded it. The only ways I know of to get a discount on Weber are: 1) buy a floor model 2) use a cash ...
by jmorgans
Wed Nov 18, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Salary in NY
Replies: 9
Views: 1874

Re: Help with Salary in NY

Income tax should be between 7-9% on a graduated scale. New York allows most of the same deductions as federal. Of course, your cost of living may be higher or much higher. I would look closely at property taxes in the areas you're considering. Edit: I see you aren't going to buy, but RE taxes are r...
by jmorgans
Thu May 28, 2015 8:22 am
Forum: Personal Consumer Issues
Topic: BMW needs new tires
Replies: 24
Views: 3953

Re: BMW needs new tires

Just find what you want online and walk into your local tire store with the ad. They will usually come down significantly and much easier than shipping tires.
by jmorgans
Tue May 26, 2015 11:49 am
Forum: Personal Consumer Issues
Topic: Still make sense to have AAA membership?
Replies: 74
Views: 10674

Re: Still make sense to have AAA membership?

For those of you using insurance companies or credit cards, how far are they willing to tow and is it only to their "approved" repair facilities? With aaa plus they will tow me to the location of my choice- my favorite auto body shop which is 30 miles away, a discount tire shop, etc.
by jmorgans
Wed Dec 05, 2012 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 556
Views: 319748

Re: Mango prepaid card - 4.8% (effective) APY

Anyone been able to do ACH push from Chase? I followed their usual procedure- Chase sends the two small deposits, I go to Chase and verify the amounts and get the following error: We were unable to process your request. Unknown Error (50005) Chase is pretty much unhelpful, only suggesting that I try...
by jmorgans
Thu Nov 03, 2011 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Pet Insurance
Replies: 19
Views: 1616

Re: Pet Insurance

I like the self-insurance idea- I think it works well if the expenses occur late in life. An example of where it wouldn't work- I know someone whose 2 year old dog had an accident and shattered a bone in her leg. Surgery was very expensive but insurance paid and she had a full recovery. I suppose in...
by jmorgans
Thu Nov 03, 2011 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Pet Insurance
Replies: 19
Views: 1616

Re: Pet Insurance

In going with the "insurance is for losses you cannot afford on your own" theory, I went with a high-deductible plan from Trupanion. Many other plans pay for shots, well visits, minor illnesses, etc which I was not interested in. I simply wanted coverage for "catastrophic" potentially life-saving ca...
by jmorgans
Wed Jun 08, 2011 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Access to DFA funds in 401K
Replies: 1
Views: 571

Access to DFA funds in 401K

I am on the pension and benefits committee at my workplace and am trying to persuade the inclusion of DFA funds in the plan. My questions are: Does the plan sponsor need to become a "DFA approved advisor" or does that rule not apply for workplace retirement plans? We currently have access to self-di...
by jmorgans
Fri Feb 04, 2011 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Complex mortgage calculator?
Replies: 6
Views: 3267

Thanks for all the responses. The spreadsheet is fantastic and does exactly what I wanted.
by jmorgans
Thu Feb 03, 2011 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Complex mortgage calculator?
Replies: 6
Views: 3267

Complex mortgage calculator?

I am looking for a loan amortization calculator which can do more than the basic calculations. For example, a scenario I would like to run would be a 30 year fixed rate mortgage, making extra monthly principal payments of $X for the first year, then $Y for the second year, and $Z for the 3rd year, p...
by jmorgans
Sun Jan 30, 2011 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is DJP A CCF
Replies: 4
Views: 1101

DJP is a CCF but is also an ETN which means if the issuing bank folds, you could potentially lose your money. Consider ETF alternatives DBC and the new USCI. There have been some recent threads discussing them. Mutual fund PCRIX is a frequent boglehead choice and Swedroe recommendation.
by jmorgans
Wed Jan 19, 2011 2:05 pm
Forum: Investing - Theory, News & General
Topic: USCI: New Commodity ETF supposedly kills contango!?
Replies: 28
Views: 4914

Still haven't made the move but was just reviewing USCI's holdings. Right now of their 14 holdings, only two are energy related (unleaded gasoline and crude oil brent). I believe each of the 14 holdings are in equal proportions (correct me if I'm wrong) so that means 2/14 or 14% energy. That is LOWE...
by jmorgans
Sun Jan 16, 2011 9:53 pm
Forum: Personal Consumer Issues
Topic: Shaving Cream
Replies: 69
Views: 11458

Lethal wrote:Art of Shaving or Taylor of Old Bond Street
+1 whichever I can get a better deal on at the time...
by jmorgans
Sun Jan 09, 2011 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with RWO?
Replies: 7
Views: 2373

MossySF wrote:To trick Morningstar, I enter a mutual fund first and then add an ETF to compare against.
Thanks! I'm embarrassed to say I've been looking at charts for a long time without realizing that they leave out distributions...
by jmorgans
Tue Jan 04, 2011 10:15 am
Forum: Investing - Help with Personal Investments
Topic: What's wrong with RWO?
Replies: 7
Views: 2373

MossySF wrote:Charts don't include distributions. (Although Morningstar's does if you set it into Growth mode.)
It looks like Morningstar only allows growth mode in its charts for mutual funds, not ETFs. Is there a way to do it that I don't see? Thanks.
by jmorgans
Tue Jan 04, 2011 10:10 am
Forum: Investing - Theory, News & General
Topic: USCI: New Commodity ETF supposedly kills contango!?
Replies: 28
Views: 4914

So has anyone taken the plunge and actually bought this fund? No one has admitted so in my poll...

http://www.bogleheads.org/forum/viewtopic.php?t=65795
by jmorgans
Tue Jan 04, 2011 8:50 am
Forum: Investing - Theory, News & General
Topic: USCI: New Commodity ETF supposedly kills contango!?
Replies: 28
Views: 4914

Another interesting article about USCI

http://etfdailynews.com/blog/2010/10/07/closer-look-at-the-third-generation-commodity-etf/ From the article: Additionally, for diversification purposes, the index will ensure that each of the six different commodity sectors (grains, softs, industrial metals, precious metals, agricultural, and livest...
by jmorgans
Sun Jan 02, 2011 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with RWO?
Replies: 7
Views: 2373

Thanks. My numbers came from Google finance charts; I see your numbers in the performance tab at Morningstar. Oddly, when make a chart at Morningstar, I get similar numbers to Google finance.
by jmorgans
Sun Jan 02, 2011 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with RWO?
Replies: 7
Views: 2373

What's wrong with RWO?

I am thinking of replacing VNQ (Vanguard REIT ETF) with RWO (SPDR Dow Jones Global Real Estate ETF). However, I can't get past one thing: 2010 returns for VNQ were 23.76%. For RWX (SPDR DJ International Real Estate ETF) it was 11.58%. So I would expect RWO (SPDR Dow Jones Global Real Estate ETF), wh...
by jmorgans
Sat Jan 01, 2011 9:51 am
Forum: Investing - Help with Personal Investments
Topic: CCF question and poll
Replies: 20
Views: 3315

CCF question and poll

Hi and Happy New Year! I have read all the for and against arguments and have deciided to add to my portfolio a 5% allocation to a commodity fund. The question is which one? I have read about the various indices, the contango problem and the ETN problem. Considering: PCRIX/PCRDX/HACMX: Dow Jones-UBS...
by jmorgans
Tue Nov 30, 2010 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

My one hesitation is that without a separate EM fund, I will lose an important rebalancing opportunity. If VSS and VEU currently have 25% EM and EM has a big runup, won't that significantly increase my EM stake?
by jmorgans
Sat Nov 27, 2010 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

Thanks livesoft. The situation is a little more complex than I let on. I am dealing with a 401K plan with very limited options for index funds. I am allowed to go "outside" the plan to a brokerage account and buy ETFs, but need to keep a minimum amount within the core plan. An S&P 500 index fund and...
by jmorgans
Sat Nov 27, 2010 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

I am really liking these simple portfolios, especially after seeing the data to show the diminishing benefit of adding "extra slices." I am not sure how adding a slice of real estate would affect those graphs, but intuitively it makes sense to include it as it does not directly correlate with the br...
by jmorgans
Fri Nov 26, 2010 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

Thanks livesoft and noobvestor. Very helpful information. Reviewing the threads mentioned and morningstar X-rays I can see that very little changes when eliminating certain slices of the portfolio. I do like the idea of eliminating VTV and VEA, rolling them into SPY and EFV respectively. I'm not sur...
by jmorgans
Fri Nov 26, 2010 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

Updated with fund names. Thanks!
by jmorgans
Fri Nov 26, 2010 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my AA
Replies: 14
Views: 2186

Please review my AA

My current asset allocation I would call "slice and dice" loosely based on Merriman's recommendations at fundadvice.com but tweaked to my liking (smaller allocations to risky asset classes than he recommends). I am 36 years old. On the equity side (90%) I have: 15% SPY (S&P 500 Index) and equivalent...
by jmorgans
Sun Nov 30, 2008 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratio of Target Fund
Replies: 10
Views: 2530

In a rising market, the "Retirement 2040" fund with the highest equity allocation will have the best returns. Since many people don't look beyond the returns, fund companies will push the limits of what is reasonable in order to compete with their peers.
by jmorgans
Wed Nov 19, 2008 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Fido mySmart Cash
Replies: 61
Views: 10082

You actually can buy FSLXX directly within the mysmartcash account if you want and it will auto-sell to cover expenses. You don't need to link it to the brokerage account, although you can. I hdo ave it set up to draw from my brokerage account if the smart cash account is depleted. The problem is th...
by jmorgans
Wed Nov 19, 2008 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Fido mySmart Cash
Replies: 61
Views: 10082

Yes, Fidelity will auto-sell your MMFs to cover withdrawals, checks, billpay, etc. It's a nice perk.
by jmorgans
Wed Nov 05, 2008 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA-CREF
Replies: 11
Views: 2554

How is NAV calculated for a fund that directly owns property?
by jmorgans
Wed Nov 05, 2008 9:23 am
Forum: Investing - Help with Personal Investments
Topic: TIAA-CREF
Replies: 11
Views: 2554

TIAA-CREF

I'm working on an AA and have found this forum incredibly helpful. I do have one question: I have access to TIAA-CREF for only a small portion of my retirement accounts (about 7%) so this gives me room for maybe one asset class. They appear to have a nice selection of index funds, including small ca...
by jmorgans
Mon Nov 03, 2008 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Help: TD Ameritrade 401k
Replies: 13
Views: 3655

I am in the exact same boat and have been investigating the options. I have a plan with a limited number of mostly actively managed funds available and the option for a self-directed account at Ameritrade for an additional $50/year. NTF funds offered by Ameritrade are an option but (at least in my p...