Search found 2756 matches

by Nate79
Fri Jul 20, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Warning: Gaping Schwab security hole!
Replies: 29
Views: 1937

Re: Warning: Gaping Schwab security hole!

I would be interested if the OP would try it again exactly the same and see if the same thing happens or not.
by Nate79
Fri Jul 20, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: Is SEC yield of any value?
Replies: 8
Views: 791

Re: Is SEC yield of any value?

There can be month to month fluctuations in payout by bond funds.
by Nate79
Fri Jul 20, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: Does total stock market invest in dying companies like sears?
Replies: 7
Views: 597

Re: Does total stock market invest in dying companies like sears?

As of the annual report 12/31/2017 yes Vanguard TSM held Sears stock. The index fund invests in the companies as defined by the index. They don't choose which companies to invest in because they do not have a crystal ball to predict if a company is dying for not.
by Nate79
Fri Jul 20, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 197
Views: 8294

Re: Direct Real Estate Returns

I'm curious for all the real estate investors in this thread to tell how you did during 2008-2009 downturn?
by Nate79
Thu Jul 19, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 197
Views: 8294

Re: Direct Real Estate Returns

For those interested in sensible real estate investing as opposed to the common and in some circles claimed only way to invest by leveraging up to the max I recommend the Afford Anything podcast. Paula Pant walks thru all the calculations for real estate return, especially to deemphasize the ones li...
by Nate79
Thu Jul 19, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 90
Views: 5834

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I see giving up the $35,000 annually as a potential mistake. Almost any index fund will just as likely allow you to withdraw $35,000 a year on a $1M portfolio, its only a 3.5% withdrawal rate. He wouldn't be giving up $35,000 annually. If they wanted that amount of income they could still have it. ...
by Nate79
Thu Jul 19, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 90
Views: 5834

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I see giving up the $35,000 annually as a potential mistake. Almost any index fund will just as likely allow you to withdraw $35,000 a year on a $1M portfolio, its only a 3.5% withdrawal rate. He wouldn't be giving up $35,000 annually. If they wanted that amount of income they could still have it. ...
by Nate79
Thu Jul 19, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: REITs, etc
Replies: 11
Views: 603

Re: REITs, etc

I am putting about 10% of my monthly allocation to Fundrise as a diversification play.
by Nate79
Thu Jul 19, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 73
Views: 4661

Re: Invest in Tesla?

I think it important to understand the humongous scale it takes to manufacture 10m cars. Look at the scale of GM, who had sales of about 10m cars WW. That is 192k per week manufactured in 35 countries. Almost 400 facilities WW. Its hugely capex intensive especially for the R&D needed to be constantl...
by Nate79
Wed Jul 18, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: High Crypto Allocation
Replies: 37
Views: 2844

Re: High Crypto Allocation

Its speculation. Pure gambling. So with such extremely risky gambling it is recommended to limit to how much of your portfolio you are willing to completely lose. Honestly knowing that, who gives a rip how much you decide to put your assets towards a speculative purchase. As long as you understand i...
by Nate79
Wed Jul 18, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]
Replies: 14
Views: 2224

Re: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]

I've been reading many articles recently like the OP's about record corporate debt levels and the danger this presents if the economy slows. Most of my fixed income is in laddered TIPs and CD's which, of course, have no exposure to this potential problem. However, one of my IRA accounts had a modes...
by Nate79
Tue Jul 17, 2018 11:55 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 55
Views: 4835

Re: New Vanguard Security Code Requirement

I currently live overseas and don't have an American number, does this mean that I need to get one? How are accessing Vanguard from overseas today? By simply logging in. I'm guessing the easy fix once it's mandated may be using an app that gives me a U.S. phone number. Are you on VPN? Vanguard is k...
by Nate79
Tue Jul 17, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance premium question
Replies: 7
Views: 679

Re: Term Life Insurance premium question

My husband recently completed underwriting for a 30 year 1,000,000 term life insurance policy through Farm Bureau. When we received the policy documents today, there is a statement that basically reads " while we fully expect the premium to remain level for 30 years, the current premium is only gua...
by Nate79
Tue Jul 17, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loan question
Replies: 24
Views: 1015

Re: Another student loan question

Dave Ramsey. Sell the car and get a cheaper one. Claiming you need a reliable car thus require car payments is hog wash. Get intense. Take extra jobs (you and your wife, no excuses, every single penny extra matters). Cut the budget to the bone. No eating out. No vacations. Throw everything at the de...
by Nate79
Tue Jul 17, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2455

Re: When to invest 100000?

Hi there, let's say right now I have 100000 and I want to invest them all into VTI. The bull market has been running for 10 years now and I am 100% sure that a crash (35-50%) is coming . In that situation, should I still dump my money into the stock market knowing that a crisis is not far away? Or ...
by Nate79
Tue Jul 17, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 55
Views: 4835

Re: New Vanguard Security Code Requirement

andrewphillipf wrote:
Tue Jul 17, 2018 2:36 pm
I currently live overseas and don't have an American number, does this mean that I need to get one?
How are accessing Vanguard from overseas today?
by Nate79
Tue Jul 17, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I reduce the death benefit of my term life policy?
Replies: 20
Views: 900

Re: Should I reduce the death benefit of my term life policy?

I would reduce to $1m. This to ensure the child has sufficient assets for college and support as well as future proofing in case something in your life changes such that you may need the insurance in the future.
by Nate79
Tue Jul 17, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Water leaking from skylight window - Roofer cannot find cause!
Replies: 10
Views: 621

Re: Water leaking from skylight window - Roofer cannot find cause!

We had a couple of skylights leaking and did what you did. Called a local and reputable roofing company to come out. They first thought it was the flashing and did some replacement around it plus sealing work but it didn't do anything. So we ended up just replacing the skylights and that fixed it. T...
by Nate79
Tue Jul 17, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Rollover to a expensive 401k worth it?
Replies: 15
Views: 605

Re: Rollover to a expensive 401k worth it?

Greetings! Need some feedback I am rolling over my wife’s simple ira from fidelity with cheap target funds to her new employer 401k for the purpose of doing Roth conversion of existing non deductible t-IRA and future Backdoor Roth. But the new employer has expensive T.Row target funds 1.01% 1)Shoul...
by Nate79
Tue Jul 17, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Rollover to a expensive 401k worth it?
Replies: 15
Views: 605

Re: Rollover to a expensive 401k worth it?

Greetings! Need some feedback I am rolling over my wife’s simple ira from fidelity with cheap target funds to her new employer 401k for the purpose of doing Roth conversion of existing non deductible t-IRA and future Backdoor Roth. But the new employer has expensive T.Row target funds 1.01% 1)Shoul...
by Nate79
Tue Jul 17, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Recourse for Unhonored Warranty on Labor
Replies: 5
Views: 460

Re: Recourse for Unhonored Warranty on Labor

I replaced four sliding glass patio doors (Harvey) and six windows (also Harvey) recently. I used the same installer for the doors and windows The patio doors were installed in April, and the windows were installed in June. There is a one year warranty on both for the labor and something like 20+ y...
by Nate79
Mon Jul 16, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3511

Re: Buy a vacation home while renting

Pay off the student loans before even entertaining the idea.
by Nate79
Mon Jul 16, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 25
Views: 2281

Re: GMO 7 year forecasts are worse than a toss of a coin

And yet we still have threads like "what return do you expect for the next 10 years" or "Bogle predicts x%" blah blah blah.
by Nate79
Mon Jul 16, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 9136

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Hello, The Forum has already suggested a Schwab Target Fund (or a three fund) for in-retirement investing. I met with Schwab and they recommended a Schwab Intelligent Portfolio (SIP) approach to consider as a lost-cost options: 0% in advisory related fees. I reviewed at least some of the SIP posts ...
by Nate79
Mon Jul 16, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 8579

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

It is not a risk that bonds may or may not have returns less than the inflation rate. It is only a risk if something is designed to do something and it may fail to do so at some point in time. Bonds are not designed to beat inflation and unless someone is relying on them to do so that is not a risk....
by Nate79
Mon Jul 16, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 68
Views: 4563

Re: $540 a month on food for graduate student budget too much?

As a graduate student, I am wondering if I am spending too much on food per month. I am basically eating out for every meal right now (subway, chipotle burritos, burgers/tacos, etc) and the cost comes out to $6-$7 per meal. Even if you buy subway $6 dollar sandwiches, that would be $6 * 3 subs/day ...
by Nate79
Sun Jul 15, 2018 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. expat starting to invest
Replies: 7
Views: 637

Re: U.S. expat starting to invest

How do you plan to invest in Vanguard mutual funds overseas? Are you aware of the issues expats have to invest while residing overseas? Especially in mutual funds which is not allowed.
by Nate79
Sun Jul 15, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: A different take on retirement income: time segmentation
Replies: 146
Views: 8340

Re: A different take on retirement income: time segmentation

Very well thought out and interesting idea. Good thoughts from Sandtrap as well. Thanks! I tend to think we shouldn't be so rigid in assuming lower spending in retirement. It should be more at an individual (and year by year) basis. For example, there have been years where I spent $120K and years w...
by Nate79
Sun Jul 15, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2891

Re: How much furniture spending is ok?

Depends on what that debt is. you mean where its allocated? 300k is entirely student debt. If its amount, its listed in the OP In that case I would be debt free in under 2 years and buying furniture off craigslist until then. We are debt free except our home and still buy quality furniture off Face...
by Nate79
Sun Jul 15, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2891

Re: How much furniture spending is ok?

Depends on what that debt is.
by Nate79
Sun Jul 15, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 58
Views: 4412

Re: FireCalc: How big a grain of salt?

I periodically run Firecalc, which I did this morning, and here are the results with what I consider a pretty aggressive level of spending. My question is how big a grain of salt do I take these with? FWIW, the results were pretty much inline with my own spreadsheets, so I feel good about that. But...
by Nate79
Sun Jul 15, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: My Annuity Plan..as of now.
Replies: 14
Views: 1679

Re: My Annuity Plan..as of now.

I do not know what you should do with these horrible products but just wanted to offer my condolences that your salesman took you to the cleaners. It's really sad when salesmen dupe their clients and in this case so much money at stake.
by Nate79
Sun Jul 15, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investing vs Debt
Replies: 12
Views: 650

Re: Investing vs Debt

A contribution to a Roth would be like a spec of sand in your financial future compared to the massive mountain of debt you have but also your future great income. I agree with the others to focus on keeping your lifestyle way down, get your income way way up and pay off the debt.
by Nate79
Sat Jul 14, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA Transfer
Replies: 4
Views: 336

Re: Vanguard IRA Transfer

frugalminded wrote:
Sat Jul 14, 2018 7:24 pm
mindboggling: I have heard that they've improved their customer service and you have confirmed it with your post. Thank you!
What part of the OPs post indicates improved customer service?
by Nate79
Sat Jul 14, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6516

Re: Dave Ramsey made me laugh today

I've said this many times in the weekly DR rant threads. DR is the most successful financial personality/guru for one reason and that is the plan (baby steps) themselves. The difference between DR and all others is I know exactly what DR is going to say. He doesn't make a new plan for every caller. ...
by Nate79
Sat Jul 14, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: FedEx / UPS Vacation Hold?
Replies: 10
Views: 942

Re: FedEx / UPS Vacation Hold?

We use USPS hold all the time. Never an issue. But never tried it with UPS or FedEx. I just make sure we don't order anything that might be delivered while we are gone.
by Nate79
Sat Jul 14, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account w/o thawing CR
Replies: 18
Views: 1096

Re: Online Savings Account w/o thawing CR

Try SPRXX. Current 7-day yield is 1.85%. Thanks, I should be looking at the 7-day yields, shouldn't I. Although the more I look at MM funds, I see they often have pretty high expense ratios. SPRXX has an ER of 0.42%. Wouldn't that subtract from the yield, ultimately making it a lot lower than a hig...
by Nate79
Sat Jul 14, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11145

Re: Why is leveraging property good but leveraging stocks bad?

Debt/leverage is dangerous. Take it from someone who lives in a house bought in a short sale from a tax attorney, when the economy or market turns, unless you've got funds sitting in low return cash investments, you are at risk. It doesn't matter how smart you are (see LTCG) the leverage that has t...
by Nate79
Sat Jul 14, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: No load insurance and annuities.
Replies: 3
Views: 363

Re: No load insurance and annuities.

It is not just the loads but the complexity. These products are multiple products mixed into one giant piece of cr*p product. The have buried costs that are difficult to peal out. And because they are multiple products in one they each affect each other making them difficult to fully understand. The...
by Nate79
Fri Jul 13, 2018 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6516

Re: Dave Ramsey made me laugh today

Speaking of Dave, I was listening to Clark Howard today and a lady called in who wanted to refinance her adjustable rate mortgage, but no bank would let her because she had 200k of parent student loans for her sons out of state undergraduate degree in digital something or other. Apparantly the arm ...
by Nate79
Fri Jul 13, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding IRA transfer/closing fees
Replies: 9
Views: 573

Re: Avoiding IRA transfer/closing fees

Schwab will pay transfer fees. Just ask. No need for all this silliness.
by Nate79
Fri Jul 13, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6516

Re: Dave Ramsey made me laugh today

I was listening to his podcast and he basically said this: "Bonds are stupid, they decrease in value in rising interest rates. I don't own any bonds and all of my mutual funds are in stocks." He then rattled off his usual "growth, growth/income, aggressive growth, international" allocation. Seems s...
by Nate79
Fri Jul 13, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Help with No-Lapse Guarantee UL
Replies: 22
Views: 807

Re: Help with No-Lapse Guarantee UL

On the other hand they can pay into the insurance for life and get a life insurance payout that is more or less about what they could get on a reasonable investment return. The issue is that he will need to have saved an additional $234,400 to have a SWR of 4% to continue to pay the premium thru re...
by Nate79
Fri Jul 13, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help with No-Lapse Guarantee UL
Replies: 22
Views: 807

Re: Help with No-Lapse Guarantee UL

This is a really bad idea and here is how I look at it. This policy is about 10x more expensive than regular 30 or so year term policy. If you take the difference and invest it at say 5% for 30 years (age 70) you will have about $560k. At that point at retirement there should be no need for life ins...
by Nate79
Fri Jul 13, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Investment: Yay or Nay?
Replies: 27
Views: 2014

Re: Real Estate Investment: Yay or Nay?

Seems a bit high, but if it's a high growth area the expectation for some might be in the price appreciation more than the rent. San Francisco saw something like a 12% increase in the first six months of 2018. At that rate, who cares about rent? ... Or even a job... just get into a house and a HELO...
by Nate79
Fri Jul 13, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 104061

Re: To take or not to take delivery of Tesla 3

Good chance Tesla folds in a year or so. The mid for a one-year CDS on Tesla (protection for Tesla debt) is 4.5% or so. The implied default probability at 40% recovery is 7%, according to my rough calculations. So bank broker-dealers will sell you protection on Tesla defaulting on its debt in the n...
by Nate79
Fri Jul 13, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: American in the EU -- problems with IB acct
Replies: 14
Views: 1128

Re: American in the EU -- problems with IB acct

I disagree with reporting a false residential address when asked for such if they are not asking for a mailing address. Where you reside is not just some family members address or a mailing address only. Falsifying an address may constitute fraud and likely voids your contract with the broker and an...
by Nate79
Fri Jul 13, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: 2011 Honda was with 6 differential flushes?
Replies: 13
Views: 1113

Re: 2011 Honda was with 6 differential flushes?

It's also possible the dealer had their own maintenance schedule that they tricked the owner into using.
by Nate79
Fri Jul 13, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: Real Estate Investment: Yay or Nay?
Replies: 27
Views: 2014

Re: Real Estate Investment: Yay or Nay?

Horrible investment. You have got a lot to learn before you should be investing in real estate.