Search found 2329 matches

by Nate79
Sat May 26, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Keep or sell primary residence condo after job move?
Replies: 16
Views: 978

Re: Keep or sell primary residence condo after job move?

Sell.

Horrible investment. Poor rental rate, cash flow negative, very little equity and leveraged up to your eye balls. And that's before even considering operating costs, vacancy, etc.
by Nate79
Sat May 26, 2018 5:22 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 43
Views: 2812

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

They could put the money in CDs and high yield savings account and they could withdraw 4% for 25 years plus whatever interest and their portfolio will deplete to zero. If they want inflation adjustment TIPS could work. So yes, because their time horizon is likely less than 25 years they could easily...
by Nate79
Fri May 25, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 34
Views: 2636

Re: any disadvantages to using Delta Skymiles for fare?

It is not more value to spend more on something you would not have purchased in the first place. A lot of folks redeeming miles on international premium cabin flights would disagree with that. An example, New York to Hong Kong roundtrip first class on Cathay Pacific is $32,000 or 140,000 Alaska mil...
by Nate79
Fri May 25, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 34
Views: 2636

Re: any disadvantages to using Delta Skymiles for fare?

It is not more value to spend more on something you would not have purchased in the first place. A lot of folks redeeming miles on international premium cabin flights would disagree with that. An example, New York to Hong Kong roundtrip first class on Cathay Pacific is $32,000 or 140,000 Alaska mil...
by Nate79
Thu May 24, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 34
Views: 2636

Re: any disadvantages to using Delta Skymiles for fare?

It is not more value to spend more on something you would not have purchased in the first place.
by Nate79
Thu May 24, 2018 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: only iShares ETF's, risks?
Replies: 6
Views: 908

Re: only iShares ETF's, risks?

Unless you really have a large amount of money at risk I wouldn't worry about it. iShares is the largest global ETF company and is owned by BlackRock.
by Nate79
Thu May 24, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: About to retire and at an almost total loss.
Replies: 15
Views: 4811

Re: About to retire and at an almost total loss.

So Ford, PPL (some utility company I hadn't heard of), and AT&T?
That is extreme portfolio risk. And a major part of income stream dependent on someone to manage your business for you.
by Nate79
Thu May 24, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for an elderly person in poor health?
Replies: 8
Views: 820

Re: Portfolio for an elderly person in poor health?

What does cash mean? High yield savings account? Then it's fine. Can maybe move more to CDs. CDs allow you to break them at a loss of a certain amount of interest so if she were to need the money in an emergency it's not the end of the world. I would make sure the CDs are at competitive rates. If an...
by Nate79
Thu May 24, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 88
Views: 8626

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

From a balance sheet perspective you have a loan at 3.625% for which you are investing in stocks to get let's say anywhere from 5-10% return over the next decade. Long term who knows, let's say 8%. The reality is you are taking on leverage for an actual 1.4- 6.4% return over the interest rate. Likel...
by Nate79
Thu May 24, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 44
Views: 4014

Re: Do I pay towards my mortgage or invest?

... I agree with you that leverage is a tool for building wealth if one is willing to accept the risks. I do the same since I have about $300K in debt supporting about $1M in assets... I feel quite strongly that one is very unlikely to build much wealth if he is unwilling to use leverage. Sure, we ...
by Nate79
Thu May 24, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 87
Views: 5497

Re: Renting vs Owning Your Home

I agree with the OP that over the long run owning an equivalent place is better to renting if you extrapolate it out many years. I have done his personally. Buy a house at age 30. Extrapolate to living until 95. That is a long long time to be living with a paid for home. This assume that you do not ...
by Nate79
Thu May 24, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Retirement Calculator
Replies: 14
Views: 1502

Re: Dave Ramsey Retirement Calculator

It is a very simple growth calculator. For most people it is fine as it clearly shows growth of savings and contributions as well as the effect of saving a little bit more. For the average person this is a good start.
by Nate79
Thu May 24, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Buying Crypto tokens in private sale prior to ICO
Replies: 21
Views: 1146

Re: Buying Crypto tokens in private sale prior to ICO

This would be a red flag, not an opportunity. This area is full of scams.
by Nate79
Wed May 23, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2327

Re: Need help with debt strategy

I agree with the others you should check out Dave Ramsey book, podcasts, or videos. You don't need to follow every single detail. That's not the point. The point is that the Ramsey plan is extremely focused and leads to success with very little chance of failure, falling off the wagon, etc. Being in...
by Nate79
Wed May 23, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Legally Exempt IRAs from Medigap Countable
Replies: 5
Views: 597

Re: Legally Exempt IRAs from Medigap Countable

I would at least get a second opinion. A fixed index annuity? Yuck. Certainly there has to be another option?
by Nate79
Wed May 23, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: Article on stock picking
Replies: 3
Views: 489

Re: Article on stock picking

Read the first sentence and that was enough. No need to read somebodies stock picking method article. They are a dime a dozen. Hundreds and hundreds of newsletters claiming to have the secret sauce to beat the market.
by Nate79
Wed May 23, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account or Brokerage account for child?
Replies: 20
Views: 948

Re: Bank account or Brokerage account for child?

If the market drops greater than 50% and takes 10 years to recover will your kid be ok with that?
by Nate79
Wed May 23, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio
Replies: 18
Views: 1490

Re: Schwab Intelligent Portfolio

My main problem is that I had a taxable and ROTH account for SIP, and they did not communicate with one another, so the TLH would not even work. Make sure you only use SIP for one account because they are independent of one another and you might create a wash sale . . . . They are supposed to commu...
by Nate79
Tue May 22, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life
Replies: 13
Views: 1107

Re: Whole Life vs Universal Life

With UL your money is not actually invested in equities. Your contact may follow a particular index (S&P500) with various caps, floors,etc but reality the money is primarily an insurance product invested in fixed income along with S&P500 options contracts (hence the reason there is a floor and a cap...
by Nate79
Tue May 22, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Checked under the hood of index funds and investment firms
Replies: 8
Views: 1564

Re: Checked under the hood of index funds and investment firms

I noticed that the total market index funds outside of Vanguard spit out capital gains. Like a darn actively managed fund. Makes you think twice about investing in them, especially when it comes to a taxable account. I’m seriously starting to regret leaving Vanguard. Live and learn, I guess. Vangua...
by Nate79
Tue May 22, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio
Replies: 18
Views: 1490

Re: Schwab Intelligent Portfolio

There is no cash drag in SIP except for the fact that the cash allocation should be getting a higher cash return than Schwab gives. The cash is offset by a higher stock allocation and higher yield bond allocation to offset the risk. If you don't like the cash allocation or the modern portfolio metho...
by Nate79
Tue May 22, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Predicting income from investment
Replies: 13
Views: 946

Re: Predicting income from investment

You should assume there can be a loss over such a time period. You are comparing apples and oranges in terms of risk profile. Certainly there are 10-15 year time periods where there can be zero return. Consider the current high valuations many experts predict quite low return over the next 10 years....
by Nate79
Tue May 22, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

Certainly DR is a polarizing topic on BH. But to call those that agree with his anti debt philosophy as unsophisticated (or other derogatory descriptors) is childish at best. No offense to those that think they are smarter, more sophisticated, etc of the DR mentality should understand that there are...
by Nate79
Mon May 21, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer brokerage Acct without speaking to FA?
Replies: 20
Views: 1186

Re: Can I transfer brokerage Acct without speaking to FA?

It really depends on what is actually in the account.

If these are just open market trades securities like stocks, ETFs, etc you may consider transferring to a brokerage that will give you free trades so that you can sell at no trading costs.
by Nate79
Mon May 21, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?
Replies: 26
Views: 1742

Re: Pimco PONAX beating VWIAX Wellesley ~~ too good to be true?

.9% versus .15% Expense Ratio. You do the math... ? This actually doesn't tell anything about the math. These are two completely different funds. One is a fixed income fund and one is a stock:bond fund. The comparison between the two funds is like comparing apples and oranges. Yes, it does. The poi...
by Nate79
Mon May 21, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Pimco INCOME BOND FUND PONAX beating VWIAX Wellesley ~~ too good to be true?
Replies: 26
Views: 1742

Re: Pimco PONAX beating VWIAX Wellesley ~~ too good to be true?

Admiral wrote:
Mon May 21, 2018 10:29 am
.9% versus .15% Expense Ratio.

You do the math...
? This actually doesn't tell anything about the math.

These are two completely different funds. One is a fixed income fund and one is a stock:bond fund. The comparison between the two funds is like comparing apples and oranges.
by Nate79
Sun May 20, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire? Input and advice is welcome!
Replies: 29
Views: 3672

Re: Can I retire? Input and advice is welcome!

What is the inflation rate of the country you are living in (i.e. expenses) compared to your future income streams?
by Nate79
Sun May 20, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

I'd pay off the $38K auto loan and let the rest of it ride as scheduled. Can I ask why? A 30 second search on bankrate.com shows several 12month CD's paying more than 1.9%, and even a few moneymarket accounts paying 2%. If anything, accelerate the payments on the HOUSE with the much higher rate. Pa...
by Nate79
Sun May 20, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!
Replies: 22
Views: 1875

Re: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!

.. Suggestions/discussion welcome! There are so many errors in this it's almost beyond belief. I won't comment on the tax law part because all of this is pretty much wrong as was already pointed out. But one nitpick is that you mention loans under how to cash flow college..... loans are the anti-ca...
by Nate79
Sun May 20, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

I'd pay off the $38K auto loan and let the rest of it ride as scheduled. Can I ask why? A 30 second search on bankrate.com shows several 12month CD's paying more than 1.9%, and even a few moneymarket accounts paying 2%. If anything, accelerate the payments on the HOUSE with the much higher rate. Pa...
by Nate79
Sun May 20, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

WOW...the of lack of financial literacy displayed in this thread are astounding for a forum inspired by Jack Bogle and his investing advice. Uh, what does low cost index funds have to do with this thread? Or perhaps could you say which side you are advocating? Well, for one the concept of basis poi...
by Nate79
Sun May 20, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 53
Views: 3624

Re: Tesla Autopilot, worth it?

Where can you rent a Model 3?
by Nate79
Sun May 20, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 34
Views: 3813

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

I'm in the same boat as most on this thread trying to decide between Vanguard Personal Advisory Services, Schwab Intelligent Portfolios and Schwab Intelligent Advisory. I'm retired and rapidly approaching required minimum distribution age with my employer held 401K. The account has done very well o...
by Nate79
Sun May 20, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Solar panels
Replies: 96
Views: 8754

Re: Solar panels

I am in NH where the electric rates are high and the solar days are mid-range so a strict ROI could be 7-10 years. However, solar panels do not conform to a traditional investment in a couple of different ways. Using my situation, a 5.1K array, targeting 110% replacement of used electricity cost me...
by Nate79
Sun May 20, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 44
Views: 4014

Re: Do I pay towards my mortgage or invest?

I have a mortgage of $480k @ 3.875% (30 yr fixed). See Paying down loans versus investing on the wiki. At these rates, the marginal payment is probably still tax-deductible; you are paying over $14K in interest, so if you have $10K in state and local taxes and no other deductions, any additional pa...
by Nate79
Sun May 20, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

coachd50 wrote:
Sun May 20, 2018 8:32 am
WOW...the of lack of financial literacy displayed in this thread are astounding for a forum inspired by Jack Bogle and his investing advice.
Uh, what does low cost index funds have to do with this thread? Or perhaps could you say which side you are advocating?
by Nate79
Sat May 19, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Fee transparency in private equity
Replies: 9
Views: 598

Re: Fee transparency in private equity

Badger1754 wrote:
Sat May 19, 2018 1:38 pm
My pleasure.

0.3% - Fund-of-funds fees
2.0% - PE firm's fixed fees
3.9% - PE firm's 10-20% incentive fee on gains over a benchmark (which is 80% Treasuries)
So their incentive is to outperform 80% treasuries. Does that mean they are a 20% stock/80% bond fund or target similar risk level?
by Nate79
Sat May 19, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!
Replies: 22
Views: 1875

Re: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!

If your kid(s) are starting college, especially an expensive college - which is quite hard to cash-flow for middle to upper middle class folks. With possible downside risks of 529 plans as discussed elsewhere Linky: ( https://www.bogleheads.org/forum/viewtopic.php?f=10&t=146595 ), not everybody may...
by Nate79
Sat May 19, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

Dave's advice is more about behavioral science than the math. The majority of his audience have control problems, not income problems. If they don't stop investing and focus 100% on getting out of debt, they will never get anything done and eventually revert back to their old ways of accumulating d...
by Nate79
Sat May 19, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Fee transparency in private equity
Replies: 9
Views: 598

Re: Fee transparency in private equity

Hi folks - my firm offers a private equity portfolio in our 401K plan. Naturally, all the young'uns plow right into it thinking "PRIVATE EQUITY WALL STREET MONEY MONEY MONEY MONEY :dollar :moneybag HODL LAMBO MOON" It didn't quite smell right to me because the 10-year annualized return is.. shall w...
by Nate79
Sat May 19, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Insurance or Betterment
Replies: 3
Views: 336

Re: Insurance or Betterment

Anything but the insurance. Insurance and investing should not mix.
by Nate79
Sat May 19, 2018 12:18 am
Forum: Personal Consumer Issues
Topic: Priceline hotels?
Replies: 11
Views: 1216

Re: Priceline hotels?

No, but Clark Howard highly recommends and he has a number of articles on the topic.
by Nate79
Fri May 18, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can which brokerage you choose for your accounts be a risk?
Replies: 11
Views: 1176

Re: Can which brokerage you choose for your accounts be a risk?

I highly recommend Schwab. Customer service top notch and excellent in house funds that trade free and industry leading low expenses.
by Nate79
Fri May 18, 2018 11:43 pm
Forum: Investing - Theory, News & General
Topic: Want Vanguard funds. Need Vanguard account?
Replies: 9
Views: 800

Re: Want Vanguard funds. Need Vanguard account?

Certainly if you are ok with ETFs you can buy them at any brokerage. Many brokerages give bonuses and free trades so if you are ok with ETFs there is no reason to have an account at Vanguard. Mutual funds are generally more expensive to trade outside of Vanguard.
by Nate79
Fri May 18, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8162

Re: Dave Ramsey it or keep low interest debt

Why do you have the debt? It's so small compared to your income it has very little impact on your life or return as long as you have the income. I would pay off the consumer debt. Having no consumer debt is risk reduction for when bad things happen. It is also behavioral to help prevent lifestyle cr...
by Nate79
Fri May 18, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow graduate school at the expense of reducing 401k contributions?
Replies: 9
Views: 556

Re: Cash flow graduate school at the expense of reducing 401k contributions?

I would take out student loans before I ever reduced 401k contributions and match. This is coming from someone who, at the time, thought it was great he was paying for his highly selective MBA program in cash after having used various student aid including loans years earlier for undergrad. I have ...
by Nate79
Fri May 18, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Basic questions about taxable accounts
Replies: 10
Views: 858

Re: Basic questions about taxable accounts

Are you doing backdoor Roth or just converting an existing traditional IRA to Roth each year? These are not the same thing. It is best to not have any existing traditional IRA's so that you can do a clean backdoor Roth. It probably doesn't make sense to convert an existing traditional IRA to a Roth...
by Nate79
Fri May 18, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow graduate school at the expense of reducing 401k contributions?
Replies: 9
Views: 556

Re: Cash flow graduate school at the expense of reducing 401k contributions?

I would not take out debt to continue to invest in a 401k. At most I would get the match. This is a very temporary minor thing anyways. You will at most be reducing your 401k for a couple of years. I would try and reduce expenses as much as possible, cash flow the school and if any extra then put in...