Search found 789 matches

by WhiteMaxima
Mon Feb 19, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I payoff my Mortgage?
Replies: 25
Views: 1446

Re: Should I payoff my Mortgage?

I'm not a huge fan of debt. But if your goal is to become financially free in 9 years and one vehicle you are using is rental real estate, it almost always makes sense to keep the debt and invest. For example, $206,000 is your remaining balance on your loan. You can pay that off and gain the cash f...
by WhiteMaxima
Mon Feb 19, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I payoff my Mortgage?
Replies: 25
Views: 1446

Re: Should I payoff my Mortgage?

You can pay off your mortgage but you can not pay off your property taxes. As time goes, your property will exceed your mortgage payment.
by WhiteMaxima
Mon Feb 19, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Expat Living
Replies: 29
Views: 3183

Re: Expat Living

I lived and worked in Germany for a year. of course, German and English is similar. Culture wise, American culture has big influence in Europe. Fast food, movie. I found younger generation all speak English unlike old folks. I really enjoy expat living. Seeing the world is my passion.
by WhiteMaxima
Mon Feb 19, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 96
Views: 8012

Re: Single People and Retirement Question

A happy single life is better than unhappy marriage. That's for sure. Of course, if one can find other half retire happy, that will be great.
by WhiteMaxima
Mon Feb 19, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 28
Views: 4247

Re: Paying off $372000 mortgage in 12 months

If your investment return - tax < mortgage rate - tax deduction, then pay it off
If investment return >> mortgage, then not pay it off.
by WhiteMaxima
Wed Feb 14, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 86
Views: 6249

Re: Honda vs. Toyota: Which has more bang for the buck?

Seem Toyota is more reliable to be, cheaper to buy. Very boring driving experience. It's more like old man's car. More like MB

Honda gives more for your dollar, very good driving experience. Like BMW. Less reliable than Toyota.
by WhiteMaxima
Wed Feb 14, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 128
Views: 6907

Re: philosophicaleconomics predicts 4% real equity returns

What if 10 year treasure yield went up to let's say 3.5%. That's would be a disaster.
by WhiteMaxima
Wed Feb 14, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1222

Re: When to pay off debt instead of invest?

I do in between. I believe majority of BH do the same, if you invest in 401k while carrying a mortgage. 4% is a very low interest rate.
by WhiteMaxima
Tue Feb 13, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2525

Re: rmd disaster

I can't believe you missed RMD. I would recommend take RMD before the deadline to avoid penalty. Why not start taking at 69? I know many BH want to maximize the return of pre-tax asset. But too little of tolerance will end of diaster.
by WhiteMaxima
Tue Feb 13, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16629

Re: Number at which to stop worrying

Years to live * yearly expense
by WhiteMaxima
Tue Feb 13, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 96
Views: 8012

Re: Single People and Retirement Question

Each individual situation is different. As long as you feel life is happy.
by WhiteMaxima
Mon Feb 12, 2018 3:30 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 1535

Re: Driving a rental car in Western Europe

Eurorail via pass. Kids are free. City center to city center. No need to find expensive parking and possible ticket for no entry zone. If you want explorer countryside, you can rent at the city and go and back.
by WhiteMaxima
Mon Feb 12, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

RRAAYY3 wrote:
Mon Feb 12, 2018 8:48 am
Global markets bounce back and DOW projected up triple digits today

Hope anyone needing to buy did so last week
I am not totally out of the market yet. Just being cautions of extreme valuation and took some profit before the big drop.
by WhiteMaxima
Mon Feb 12, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 994

Re: Investment Strategy

I didn't time the market. I use valuation to make investment decision. Valuation is always No 1 factor.
by WhiteMaxima
Mon Feb 12, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7104

Re: I’m not renewing my Costco membership.

I enjoy saving and shopping experience at Costco. The gasoline is almost 30c cheaper plus the 4% Citibank card. I could easily make the $120 member fee saving.
by WhiteMaxima
Mon Feb 12, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 994

Re: Investment Strategy

I mean CAPE ratio has to drop to history now before I think it is a buy. Otherwise, you are gambling. We had QE and low interest during the last couple of boom years. Now they are gone or about to go. What to support these CAPE. Wage increase (inflation) is showing. Borrowing cost is going up. Aging...
by WhiteMaxima
Mon Feb 12, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6396

Re: Does it ever make sense to buy a new car?

yes it is sometimes make sense to buy a new car. but you have to put number on the paper to see if it make sense to buy used or new. for used, I mean everything has to be fixed: brake, tire, fluid etc for new, rebate (low % finance), of course warrenty for 3 years I would say new car cost - fixed us...
by WhiteMaxima
Fri Feb 09, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1752
Views: 311833

Re: What are you up YTD? [Year To Date]

2.25% 40/60 Stock/Cash
by WhiteMaxima
Fri Feb 09, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 994

Re: Investment Strategy

I do mean the valuation of stock after this drop is still too high.
by WhiteMaxima
Fri Feb 09, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 994

Investment Strategy

As a small investor, it's very hard to see paper loss and anxious to jump in when market drops. There are so many institution and robo investors fight in this market. As a small investor, we need be patient, wait until the dust settle down. And always be value oriented. Equity valuation is still too...
by WhiteMaxima
Thu Feb 08, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

i almost laughed once I heard ECB has negative interest. things must be wrong for a reason.
by WhiteMaxima
Thu Feb 08, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Marking the Top: “We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws” “If you’re holding cash, you’re going to feel pretty stupid” ~ Ray Dalio BRKA/B has 20bil cash on hand. ...
by WhiteMaxima
Thu Feb 08, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

The market is over valued even today. A BH should aware of this and be value oriented. This is not market timing. https://www.cnbc.com/2018/01/23/markets-could-suddenly-turn-and-they-dont-even-need-a-trigger-nobel-winning-economist-shiller-says.html Are you sure value orientation is BH philosophy? ...
by WhiteMaxima
Thu Feb 08, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

The market is over valued even today. A BH should aware of this and be value oriented. This is not market timing.

https://www.cnbc.com/2018/01/23/markets ... -says.html
by WhiteMaxima
Thu Feb 08, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie/novice needs advice on what to do during correction
Replies: 17
Views: 1501

Re: Newbie/novice needs advice on what to do during correction

One fund approach: Balanced Fund (30/30/40, US/Intl/Bond) forever.
by WhiteMaxima
Thu Feb 08, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: Munich to Venice
Replies: 15
Views: 796

Re: Munich to Venice

You got to see Budpest train station. Reminds me of 1920's. Very interesting.
by WhiteMaxima
Thu Feb 08, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

I bought tiny bit today.
by WhiteMaxima
Thu Feb 08, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1655

Re: Investing $20K in portfolio under current market situation

chevca wrote:
Thu Feb 08, 2018 12:02 pm
WhiteMaxima wrote:
Thu Feb 08, 2018 11:44 am
Put 20k cash on the side line. Be patient.
For what? Telling them to park it and be patient without telling them when they should take action is pretty pointless.
Park it in short term bond. making 2.0% is better than loss 10%
by WhiteMaxima
Thu Feb 08, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

the problem is we don't know how high and how quick this round of interest hike will go (short term) and who is buying our 10 year treasure at 2.8% yield. Dollar is getting lower (good for export).
by WhiteMaxima
Thu Feb 08, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Unless corporate up their profit. They do borrow money at a cost. Wage is up too. How can they up profit? Now everything is undergo repricing. So be patient.
by WhiteMaxima
Thu Feb 08, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Munich to Venice
Replies: 15
Views: 796

Re: Munich to Venice

Euro sleeper train. If you have time, go to Prague and Budapest. Old AusHun empire. I just came back from that region. very rich in culture.
by WhiteMaxima
Thu Feb 08, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

10 year treasure yield is already 2.87%. Close to 3.0%. Wait. Be patient. I’ve seen this mentioned before - does it historically signal another sell off? Ive been so tempted to keep buying buying that I need to force myself to put money into actual savings 10 year treasure is the most secured gover...
by WhiteMaxima
Thu Feb 08, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

10 year treasure yield is already 2.87%. Close to 3.0%. Wait. Be patient.
by WhiteMaxima
Wed Feb 07, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

rerod wrote:
Wed Feb 07, 2018 7:44 pm
triceratop wrote:
Wed Feb 07, 2018 6:23 pm
Warren Buffett has over a hundred billion in cash with which he is not (currently) buying American (equities).
Mostly in short term treasuries.
He is waiting opportunity, sort of market timing.
by WhiteMaxima
Wed Feb 07, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: 7/1 year ARM loan and additional monthly payments
Replies: 17
Views: 1008

Re: 7/1 year ARM loan and additional monthly payments

7 Years is a long time. There would be another recession and QE and interest reduction.
by WhiteMaxima
Wed Feb 07, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 19
Views: 1773

Re: Investing in Indian Stock Market - Fund selection

Why single market? it is too risk. political, currency, economical. just by total int'l fund you will couple of % of india.
by WhiteMaxima
Wed Feb 07, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Helping parents reduce taxes (dividends)
Replies: 27
Views: 1399

Re: Helping parents reduce taxes (dividends)

BRKA/B, no dividends. If you would step up inherit, offer your mom to pay the gap she needs, then you inherit BRKA tax free.
by WhiteMaxima
Wed Feb 07, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 12312

Re: Am I saving too much for retirment?

If your current saving rate not affect your life, then it's ok. High saving rate give your opportunity to retire earlier.
by WhiteMaxima
Tue Feb 06, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Recently divorced trying to clear all of my credit card debt.
Replies: 46
Views: 2955

Re: Recently divorced trying to clear all of my credit card debt.

If you have credit card loan which carries 15%~16% interest, you would have cut entertaining expense, life insurance or even stop contribute retirement (just contribute enough to get the match). If you company offer Roth 401k, you should get it depend on your tax bracket. The CC payment is like 15%~...
by WhiteMaxima
Tue Feb 06, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6075

Re: Am I being greedy?

Bull market another 3 -4 years? Em
by WhiteMaxima
Tue Feb 06, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Still waiting to invest?
Replies: 47
Views: 5693

Re: Still waiting to invest?

No need to wait. You can start put 20% down and the doing monthly or quartly DCA.
by WhiteMaxima
Tue Feb 06, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Recently divorced trying to clear all of my credit card debt.
Replies: 46
Views: 2955

Re: Recently divorced trying to clear all of my credit card debt.

Cut cell phone to very basic save $60
Cut internet to basic save $40
Cut life insurance, you don't need it
Cut car spending, car pool or take public transport save $300
Reduce Entertainment to $100

You already have $500 savings. Use it pay debt or increase retirement saving (Roth IRA, do you hear?)
by WhiteMaxima
Tue Feb 06, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Stay put and stay in course. Market correction is not over yet. It's not a bear market yet. US economy is still sound. But overpriced bond and equity need to be repriced> So I do see 10-20% correction before we can grow again. Stay put.
by WhiteMaxima
Tue Feb 06, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7133

Re: Stay the course?

Market drop create opportunity for new investor to buy equity relatively cheap.
by WhiteMaxima
Mon Feb 05, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14382

Re: For BHs who actually like cars - [what car do you drive every day?]

2013 Audi A5 Quattro. Fuel economy, handling on wet and slippy curve, styling.
by WhiteMaxima
Mon Feb 05, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

No panic. Keep investing. A human life span will experience 10 to 12 bear market. Exclude 1-20 70 and beyond. One would experience 7 to 8 bear market. If you take the 1 and 2 opportunities, You are doing average. If you take advantages of 3 to 4, you should doing well. If you take advantages of 5 to...
by WhiteMaxima
Mon Feb 05, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Market correction creates opportunities. It is a good thing.
by WhiteMaxima
Mon Feb 05, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Stable value is around 2.5%, equity is already up 5%. Do you prefer a turtle or a rabbit? until end of this year (still 10 more months to go). I don't know. Or you could do nothing and let market play it out. I do believe equity will over perform fix income long run. Only you can do is to ignore the...
by WhiteMaxima
Mon Feb 05, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262367

Re: U.S. stocks in freefall

Watch 10 year treasure yield. If it's above 3%, I would be cautious. If it's above 3.5%, I would sell equity and get into 3.5% bond. Safety is always no 1. Vanguard predict next 10 years average return at 4.5%. 3.5% secure return or 4.5% projected return . Equity investor demand more than 1.0% premi...