Search found 4501 matches

by Nate79
Tue Jun 25, 2019 9:19 am
Forum: Personal Investments
Topic: Vanguard reduced dividends on VTSAX
Replies: 9
Views: 1602

Re: Vanguard reduced dividends on VTSAX

wootwoot wrote:
Mon Jun 24, 2019 10:21 pm
Time to dump VTSAX, what's everyone buying as an alternative?
Bitcoin
by Nate79
Tue Jun 25, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Two NWM 65 Life "Gifts" from Parents. I'm Lost!
Replies: 16
Views: 1685

Re: Two NWM 65 Life "Gifts" from Parents. I'm Lost!

Cash value insurance is not CD's and it is not even like a CD or a savings account. Whether you are earning more in the cash value than what fixed income is earning at the time can be debated but you are much better off to separate the insurance with term and put the money in a savings account even ...
by Nate79
Mon Jun 24, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Big mess (inheritance, taxes, social security, more)
Replies: 9
Views: 1226

Re: Big mess (inheritance, taxes, social security, more)

The biggest issue is probably the IRS and back taxes. I would not spend the inheritance until the tax issue is clarified. He is not uncollectable from the IRS.
by Nate79
Mon Jun 24, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Two NWM 65 Life "Gifts" from Parents. I'm Lost!
Replies: 16
Views: 1685

Re: Two NWM 65 Life "Gifts" from Parents. I'm Lost!

Cash out the junk. Invest the money.
by Nate79
Sun Jun 23, 2019 9:21 pm
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 33
Views: 1344

Re: which is better schwab or fedelity ???

Schwab is excellent and I have heard great things about Fidelity as well. Flip a coin.
by Nate79
Sun Jun 23, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Dimensional Funds versus Vanguard
Replies: 14
Views: 1451

Re: DIMENSIONAL FUNDS versus VANGUARD

I looked closer into dimensional funds. The ones that beat Vanguard have higher tilt towards small and value. They do better on the upswing and worse on downturn. Because market is up in 70% of months, they generate higher returns than Vanguard funds if kept long time. Could we please discuss if hi...
by Nate79
Sun Jun 23, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of elderly parents' home
Replies: 42
Views: 2837

Re: Sale of elderly parents' home

Wow that is an expensive home that neither their assets nor pensions could justify. I would put the money towards the mortgage and maybe look at a recast but I really hope that pension doesnt go away with death.
by Nate79
Sun Jun 23, 2019 12:07 pm
Forum: Investing - Theory, News & General
Topic: For the wiki: HSA as an emergency fund
Replies: 22
Views: 2053

Re: For the wiki: HSA as an emergency fund

The problem with using an HSA as an emergency fund is the time it takes to sell stocks/funds in the HSA, allow time to settle, then transfer money to your checking account. The entire process may take 2-3 weeks depending on your custodian. Most (all?) HSA's have a debit card to pay medical expenses...
by Nate79
Sun Jun 23, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 7127

Re: How do you approach tipping at carry-out restaurants

I find it more and more absurd the places that are putting a place for tips on the receipt. Requesting a tip at a carry out restaurant is ludicrous.
by Nate79
Sat Jun 22, 2019 9:26 pm
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2159

Re: Advantage of T-bills?

.11% is 5% of your return. Not insignificant. I just looked at the prospectus of VMFXX. "An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the...
by Nate79
Sat Jun 22, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 206
Views: 16540

Re: Crypto bulls are back. Are you getting in?

until people shift from talking about how great bitcoin is because of its price to talking about how much they love using bitcoin, im not interested in it. i can make/lose a lot of money in lots of dumb ways. bitcoin is just one of many right now. Bitcoin has evolved into a digital store of wealth....
by Nate79
Sat Jun 22, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 104
Views: 7704

Re: Frugal or cheap?

Do it and pay cash. If not willing to pay cash then you shouldn't do it. You are not over spending the neighborhood and it's a good idea to do ahead of time. That way you are not in a rush and have to deal with the severe disruption while also dealing with kids. Paying cash will also help you check ...
by Nate79
Sat Jun 22, 2019 3:57 pm
Forum: Personal Investments
Topic: Real Estate investment guidance needed
Replies: 17
Views: 1448

Re: Real Estate investment guidance needed

Buy one to start, pay cash.
by Nate79
Sat Jun 22, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Interest Mortgages (AKA Daily Accrual)
Replies: 4
Views: 511

Re: Simple Interest Mortgages (AKA Daily Accrual)

I was not aware that daily accrual mortgages still existed. Every mortgage I have ever seen or ever shopped for was always monthly accruing.
by Nate79
Fri Jun 21, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 4793

Re: The End of Passive Investing?

There is zero chance of 100% indexing. Look at the number of threads on how many people on this site love Berkshire Hathaway, and all the active funds that this site hold? Not to mention Vanguard themselves are huge promoters of active funds.
by Nate79
Fri Jun 21, 2019 8:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard 500 Index Expense Ratio History
Replies: 9
Views: 1191

Re: Vanguard 500 Index Expense Ratio History

Here you are, I charted both the Investor fund (VFINX) and the Admiral fund (VFIAX). http://i.imgur.com/txPM3Gpl.jpg Very interesting! Lower expenses than I would’ve thought back in 1976. Thanks for the chart. If I recall the history the fund had a load in its first year before Vanguard voted to el...
by Nate79
Fri Jun 21, 2019 8:11 am
Forum: Personal Investments
Topic: Help with friend's 401k plan
Replies: 13
Views: 831

Re: Help with friend's 401k plan

Either teach your friend to rebalance or keep them in the target date fund. Behaviour error will be far greater than the ER difference.
by Nate79
Thu Jun 20, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life insurance portability under certain scenario
Replies: 12
Views: 741

Re: Whole life insurance portability under certain scenario

I would keep it until they can find something cheaper. $800/month is crazy expensive so hopefully someday they can find something more reasonable.
by Nate79
Thu Jun 20, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: Dealer 30K Service for 2017 RAV4--Unusual Items?
Replies: 49
Views: 3338

Re: Dealer 30K Service for 2017 RAV4--Unusual Items?

Waste of money. At most go buy some Chevron Techron gas additive at Walmart, Amazon, Costco, etc and pour it in your gas tank and move on. The PEA in the Techron is one of the only gas additives I'm aware that has been proven to remove deposits. Whether it is needed or not is another story but doesn...
by Nate79
Thu Jun 20, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Getting my own Chase Sapphire Reserve or added as authorized user?
Replies: 23
Views: 1803

Re: Getting my own Chase Sapphire Reserve or added as authorized user?

You have $250k in student loans. Worry about that and not the $150 credit card you may use the benefits once a year.
by Nate79
Wed Jun 19, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: Indexing VS. buying Berkshire Hathaway stock?
Replies: 34
Views: 2750

Re: Indexing VS. buying Berkshire Hathaway stock?

alex123711 wrote:
Wed Jun 19, 2019 5:36 pm
Any thoughts on this? Is anyone here doing this or buying both?
The search box is your friend.
by Nate79
Wed Jun 19, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 65
Views: 3454

Re: How to ensure POA is acting in best interest of grantor?

I would ask the sister to explain the expenses point blank. If she in any way doesn't have absolute proof they were for your mom I would bring to an elder law attorney.
by Nate79
Tue Jun 18, 2019 8:20 pm
Forum: Personal Consumer Issues
Topic: Subaru Ascent vs Toyota Highlander...
Replies: 37
Views: 3639

Re: Subaru Ascent vs Toyota Highlander...

6 months with our Ascent and love it. Just got back from a vacation a few hrs drive away and kept thinking to myself how wonderful it drives and very comfortable. And the Eyesight and adaptive cruise is amazing.
by Nate79
Tue Jun 18, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Life ins question
Replies: 20
Views: 984

Re: Life ins question

Borderline scam by Snake Farm. Sorry OP, but you do not have an insurable need. If you want to pass down wealth to you kids put the money in an investment and pass it to them in a will. Life insurance is not a way to transfer wealth except to the insurance company. Life insurance is to protect an in...
by Nate79
Tue Jun 18, 2019 7:29 am
Forum: Personal Consumer Issues
Topic: Health insurance cost containment company
Replies: 23
Views: 1809

Re: Health insurance cost containment company

You need to fill out the form. It's a normal subrogation form. The insurance company wants to go after someone else to refund them the money that they paid. They only want to pay if you caused the injury yourself. My wife once dropped a bottle of sparking wine on the driveway, it broke, exploded an...
by Nate79
Tue Jun 18, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 28
Views: 3237

Re: Waiting to prepay mortgage until you can pay the whole thing off?

At some point you need to figure out how much of an emergency fund to hold and stick to it. Holding more than your emergency fund instead of putting on the mortgage as I said has a cost but you are actually saying you need a higher emergency fund than originally planned. So either your target for th...
by Nate79
Tue Jun 18, 2019 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 28
Views: 3237

Re: Waiting to prepay mortgage until you can pay the whole thing off?

All of those benefits you are paying for with the spread between the after tax return of the interest rate of your lump sum vs the interest rate of the mortgage. This may be 2% or so. So that is $2k every year for every $100k of money you are holding. That is basically an insurance cost. But usually...
by Nate79
Mon Jun 17, 2019 9:31 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8862

Re: What percentage of total portfolio in REIT's do you have? Why?

~1.5% and trying to increase slowly to a target of 5%. I may readjust some assets to try and hit my target earlier. But most of this is in the crowdsourcing site Fundrise as I'm looking for something that is closer to real estate investing vs stock investing.
by Nate79
Mon Jun 17, 2019 6:12 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 90
Views: 4990

Re: How to avoid high vet bills?

We use Banfield (in Persmart) where you pay a monthly fee and get certain things as mo charge (like office visit, 2x physical per year, vaccinations, etc). They are ok but helps in reducing these type of costs.
by Nate79
Sun Jun 16, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Low interest student loan - pay off?
Replies: 9
Views: 785

Re: Low interest student loan - pay off?

You are losing money in your cash vs the loan interest rate. Unless it would harm your emergency fund I would just pay it off. This would slightly improve the return of your portfolio. Mathematically it would be better to put it towards the mortgage but I also like the debt snowball of the personal ...
by Nate79
Sat Jun 15, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 118
Views: 8226

Re: Article on high deductible health plans - and the math

Up until this year, we've always used my wife's company HDHP as I was self employed. The deductible was $2500 and the company contributed $500 match to HSA. She was laid off, so this year we on the ACA Silver plan $450/mo. that has deductible 3x of her old companies, but miraculously does not count...
by Nate79
Sat Jun 15, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency destroyed my credit report
Replies: 20
Views: 3388

Re: Collection agency destroyed my credit report

looking wrote:
Thu Jun 13, 2019 4:43 pm
Collection agency destroyed my credit report

Anyone experience how to dispute it with the collection agency

thank you
Why do you care about your credit report?
by Nate79
Fri Jun 14, 2019 8:25 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 86
Views: 8466

Re: How safe are pensions in the U.S.?

Here is a site with a list of multiemployer plans that have applied over the last few years to the Treasury Dept to cut the pension benefits of retirees. Many have been approved http://www.pensionrights.org/publications/fact-sheet/pension-plans-have-applied-cut-benefits-under-multiemployer-pension-r...
by Nate79
Fri Jun 14, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: For the wiki: HSA as an emergency fund
Replies: 22
Views: 2053

Re: For the wiki: HSA as an emergency fund

I agree with the basic idea of the OP. We keep our medical insurance deductible in the cash portion of the HSA as a medical emergency fund and keep receipts and pay out of pocket for all medical expenses. Those receipts are a universal emergency fund of second tier (behind cash). But this money is i...
by Nate79
Wed Jun 12, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 72
Views: 3906

Re: Toyota Sienna tire replacement at 12k miles

OP, take this as a lesson to get a $1 tread depth gauge or at least do the easy coin test. You may not have needed tires and just got taken.
by Nate79
Wed Jun 12, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback 2017 - 2019 Comments
Replies: 20
Views: 2077

Re: Subaru Outback 2017 - 2019 Comments

From what I have read about the 4-cylinder turbocharged engines that many brands seem to be adopting, they are rated to have good fuel economy, but in the real world have significantly lower fuel economy. This is primarily due to the turbo being used at higher RPMs to move a medium to large vehicle...
by Nate79
Tue Jun 11, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback 2017 - 2019 Comments
Replies: 20
Views: 2077

Re: Subaru Outback 2017 - 2019 Comments

Not an Outback owner but we have the new Subaru Ascent with the 2.4l turbo. I have been really impressed with the power of this motor - it really moves the Ascent and I can only imagine it will be even better in the lighter Outback.
by Nate79
Tue Jun 11, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 subaru forester 96k, replace or run into the ground?
Replies: 24
Views: 2002

Re: 2015 subaru forester 96k, replace or run into the ground?

I will say that the Eyesight and adaptive cruise control in our new Subaru Ascent is amazing.
by Nate79
Tue Jun 11, 2019 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 subaru forester 96k, replace or run into the ground?
Replies: 24
Views: 2002

Re: 2015 subaru forester 96k, replace or run into the ground?

Keep it. It is practically still new. We have a 2010 Forester with 110k miles and plan to keep it at least another 3-5 years.
by Nate79
Tue Jun 11, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Sudden Debt - best strategy to pay off? (30k total)
Replies: 20
Views: 2081

Re: Sudden Debt - best strategy to pay off? (30k total)

Balance transfers are not the solution and in fact they probably do more harm than good because it makes you believe you actually accomplished something. First thing is to stop mixing finances with a girlfriend. Second thing is to get on a tight budget and pay off your debt as fast as possible. Your...
by Nate79
Tue Jun 11, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Is it bad to look at debt (student loans) like this?
Replies: 39
Views: 2974

Re: Is it bad to look at debt (student loans) like this?

There is no reason to play false mind games like the financially illiterate.
by Nate79
Tue Jun 11, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: Expense Ratio for Employer 401K High?
Replies: 12
Views: 779

Re: Expense Ratio for Employer 401K High?

List out all the funds here for better advice. There are often a few lower cost options buried in the long list of funds.
by Nate79
Tue Jun 11, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

rossbow, And, why would that matter to me? I bought the house to live and stabilize my housing expense. The house's value could be zero and I still make money from my imputed rent. Please note that I consider the whole PITI as housing expense: P = Principal, I = Interest. This house is "cash flow p...
by Nate79
Tue Jun 11, 2019 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

rossbow, And, why would that matter to me? I bought the house to live and stabilize my housing expense. The house's value could be zero and I still make money from my imputed rent. Please note that I consider the whole PITI as housing expense: P = Principal, I = Interest. This house is "cash flow p...
by Nate79
Mon Jun 10, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

Many, if not most, buyers have regrets. Wrong price, wrong size, wrong location, wrong school district, wrong neighbors, wrong sun exposure, etc. Fewer renters have regrets. Even if renting costs more, it can be thought of a mobility premium. I seriously doubt that most buyers have regrets (at leas...
by Nate79
Mon Jun 10, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

Many, if not most, buyers have regrets. Wrong price, wrong size, wrong location, wrong school district, wrong neighbors, wrong sun exposure, etc. Fewer renters have regrets. Even if renting costs more, it can be thought of a mobility premium. I seriously doubt that most buyers have regrets (at leas...
by Nate79
Mon Jun 10, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

Again, I do get it that it's extremely variable, but there must be some rule of thumb. I'm guessing that the number is something like 5%. A $300,000 house would require $15,000 per year, ON AVERAGE, in repairs and maintenance. Just my guess. I use 5% per year maintenance factor on my new constructi...
by Nate79
Mon Jun 10, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18757

Re: Paying for rent is throwing away money...myth?

The weekly anti home ownership thread. It's so regular I can set my clock by it. It’s necessary. Many younger people are subjected to a constant deluge of pro home ownership conventional wisdom. They are made to feel that they’re not “adulting.” I myself own a home because there is no way to rent w...