Search found 2958 matches

by Nate79
Tue Aug 14, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Return Protection: Citi Doublecash
Replies: 9
Views: 533

Re: Return Protection: Citi Doublecash

Closing the account and ignoring/refusing to pay the credit card balance is a HORRIBLE idea. When this wrecks your credit as they send it to collections you may regret this choice. I would contact Citi again and try to dispute the charges. Contact the shoe store on social media and see if you can ge...
by Nate79
Tue Aug 14, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab IRA - RMD's taken to Taxable Side
Replies: 4
Views: 195

Re: Schwab IRA - Bond Funds

PickitPaul wrote:
Tue Aug 14, 2018 11:52 am
So if there is a gain or loss in principal in the bond fund when sold in IRA - and I buy same fund over in the taxable side, there is no IRS problem with that?
No.
by Nate79
Tue Aug 14, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8080

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I did a quick comparison using the annual return data in Portfolio Visualizer of both US stock market and Global ex-US Stock market assets for rolling 10 and 15 year periods from 1986 to 2018. During this period US stock market outperformed International in 17 out of 23 rolling 10 year periods and 1...
by Nate79
Tue Aug 14, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 34
Views: 1403

Re: Using ACA for early retirement years

If retiring before Medicare any more than a few years out I would want to make sure my financial plan is robust enough to be able to cover the cost of insurance premiums unsubsidized. Any plan based on current ACA costs and borderline is very risky as we have seen a lot of changes in the health insu...
by Nate79
Tue Aug 14, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance for Young Couple
Replies: 31
Views: 2508

Re: Term Life Insurance for Young Couple

My wife and I are both applying for term insurance. We are both in our twenties. I work a regular job and my wife is currently volunteering her time. Because my wife is a "non-working spouse" her maximum coverage amounts (years and dollars) seems to be tied to the amount of term life insurance cove...
by Nate79
Tue Aug 14, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Schwab IRA - RMD's taken to Taxable Side
Replies: 4
Views: 195

Re: Schwab IRA - Bond Funds

I have IRA at Schwab with the bond fund SWAGX, US aggregate bond fund index. Being that the IRA has RMD being taken out of it, if the bond index is being used to sell for the RMD, and the proceeds to be reinvested in the taxable side - what bond fund at Schwab could be used that is like the SWAGX b...
by Nate79
Tue Aug 14, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Deferred Annuity & Investment Options
Replies: 11
Views: 427

Re: Fixed Deferred Annuity & Investment Options

You can buy brokerage CD's or you can find some of the bank CD products where it would be held within an IRA at the bank itself. You can search past threads on both of these topics.
by Nate79
Tue Aug 14, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8080

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

vineviz wrote:
Tue Aug 14, 2018 10:19 am
Nate79 wrote:
Tue Aug 14, 2018 10:11 am
Any chance you have the data for every available 10 year period (vs arbitrarily using decade data)?
The last time I checked, decades are fairly commonly defined the way I used them.

Which arbitrary period do you prefer?
Every 10 year period from fund inception.
by Nate79
Tue Aug 14, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8080

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I think rather than arbitrarily looking at the most recent 10 years, the sensible way to compare is to look from a market high to another high or from a low to a low. From the high in 2000 to the high in 2007 international won, same for the 2002 low to the 2009 low. All the outperformance of US is ...
by Nate79
Tue Aug 14, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 19
Views: 1659

Re: Almost 30 - Check In

I would put the idea of buying a house on pause until married and settled for at least a year. Pile up money in a taxable account in the mean time. Do you also plan to save up for the cost of the wedding? Ring + wedding = expensive, especially such an expensive ring at your income level. I would wor...
by Nate79
Tue Aug 14, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 40
Views: 4661

Re: Asked my advisor about fees and here's their reply

I guess the good news is those funds are DFA funds which some bogleheads actually like on here. To buy these funds you need an advisor in almost all cases. So to me it comes down to do you think you are getting sufficient value from your advisor to pay him. You are going to be hard pressed to find a...
by Nate79
Tue Aug 14, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8080

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Wow, a whole 10 years. Are you truly using 10 years of data to draw such a conclusion and consider it significant? And this particular 10 year period?
by Nate79
Tue Aug 14, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. Mortgage - Confused
Replies: 4
Views: 536

Re: HELOC vs. Mortgage - Confused

Those schemes like the "Australian Mortgages", “mortgage accelerators”, “money merge accounts”, “freedom mortgages”, and John Commuta’s “Transforming Debt Into (his) Wealth" capitalize on a general lack of understanding of how compound interest works and how even a little extra money per month can ...
by Nate79
Mon Aug 13, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. Mortgage - Confused
Replies: 4
Views: 536

Re: HELOC vs. Mortgage - Confused

This is an age old scam, especially when people want to teach you this method for a fee. Search and you will find it discussed on here many times.
by Nate79
Mon Aug 13, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Unavailable - Anyone Else?
Replies: 4
Views: 689

Re: Vanguard Account Unavailable - Anyone Else?

Or you could chat and ask 24/7.

Oh, wait. Scratch that.
by Nate79
Mon Aug 13, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Yet Another WL insurance question [Whole Life]
Replies: 3
Views: 295

Re: Help! Yet Another WL insurance question [Whole Life]

My condolences.

Do you have appropriate term insurance in place? That is the first step in the recovery from buying such a horrid product.
by Nate79
Mon Aug 13, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VTSMX
Replies: 10
Views: 680

Re: VTI vs VTSMX

I understand that VTI is an ETF and VTSMX is a index fund and their performance is identical. My question is then, why would you not choose VTI with the lower fees? Some people do not like ETF's and prefer mutual funds. There are pros and cons to holding ETF's vs mutual funds. Here is the wiki on t...
by Nate79
Mon Aug 13, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Timing of car purchase during a model year
Replies: 16
Views: 1211

Re: Timing of car purchase during a model year

Your 2015 SUV is likely depreciating at a much lower rate than a new 2019. So the longer you drive your 2015 the better financially you will be. While it is true the 2015 will have a lower trade in value in the grand scheme of things it will be at lower rate than 2019. The "value" of the 2015 might...
by Nate79
Mon Aug 13, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

At the risk of bumping this thread this article popped up in CNNMoney. It seems the idea of taking Tesla private is maybe more serious and Musk is expecting this can be done with Saudi's money: https://money.cnn.com/2018/08/13/news/companies/elon-musk-tesla-saudi-fund/index.html Buying all Tesla's s...
by Nate79
Mon Aug 13, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Timing of car purchase during a model year
Replies: 16
Views: 1211

Re: Timing of car purchase during a model year

Your 2015 SUV is likely depreciating at a much lower rate than a new 2019. So the longer you drive your 2015 the better financially you will be. While it is true the 2015 will have a lower trade in value in the grand scheme of things it will be at lower rate than 2019.
by Nate79
Mon Aug 13, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 205
Views: 16909

Re: "Don't Obsess About Expense Ratios"

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...
by Nate79
Mon Aug 13, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Pop up tent camper
Replies: 13
Views: 1278

Re: Pop up tent camper

thecarrotfund wrote:
Mon Aug 13, 2018 2:47 pm
It is not the towing that will give you so much trouble, but you are going to have a difficult time getting stopped.
Electric brakes make this not much of an issue.
by Nate79
Mon Aug 13, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 66
Views: 3816

Re: How often do you check your brokerage accounts

Every few days to watch for transactions/fraud on all our accounts typically using mint app or brokerage apps.
by Nate79
Mon Aug 13, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: What to ask agent when seeking to cash out of Whole-Life policy?
Replies: 24
Views: 1500

Re: What to ask agent when seeking to cash out of Whole-Life policy?

Congrats on cashing out of this horrible product. Use the cash for some good vs throwing it away to the insurance company. Take that imaginary cash value and turn it into real cash.
by Nate79
Mon Aug 13, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 205
Views: 16909

Re: "Don't Obsess About Expense Ratios"

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...
by Nate79
Mon Aug 13, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 205
Views: 16909

Re: "Don't Obsess About Expense Ratios"

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...
by Nate79
Mon Aug 13, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 123
Views: 4916

Re: how much car can we afford?

Whatever you can pay with cash. +1 -1. Today I can write a check for 1 million+ dollars. There is no way any reasonable person can justify paying that much at my network. When I was 22, I could pay like 1.5k in cash. I could afford 15k car with no problems. Certainly the point was not to spend all ...
by Nate79
Mon Aug 13, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2692

Re: Should I Do This? [borrow from relative to pay off loan]

Credit score is the least of your worries. The credit score and interest rate tell the story of poor financial decisions. I agree with the posters to sell the car and buy a cheaper one. You will need to get a small personal loan to pay the difference and buy a beater. I would also recommend Dave Ram...
by Nate79
Mon Aug 13, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 123
Views: 4916

Re: how much car can we afford?

basspond wrote:
Mon Aug 13, 2018 7:22 am
Whatever you can pay with cash.
+1
by Nate79
Sun Aug 12, 2018 11:33 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 103
Views: 7058

Re: Can I buy a Tesla?

I really cannot believe some of these replies, considering the average American household will easily drop 30k with a 50k household income. :happy The average American household is broke, in debt up to their eyeballs in consumer and student loans, living pay check to pay check and not saving for re...
by Nate79
Sun Aug 12, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest ~$4mm for disabled-for-life 36-yo
Replies: 22
Views: 2660

Re: How to invest ~$4mm for disabled-for-life 36-yo

Who is going to pay this person's expenses when they run out of money in 20-30 years? The options are to cut the budget to a reasonable number within the 3%ish withdrawal rate. Something like a 70/30 asset allocation and 3% withdrawal rate. Whether some of the money is used to buy the housing or not...
by Nate79
Sun Aug 12, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan vs taxable vs Roth IRA
Replies: 10
Views: 485

Re: 401K loan vs taxable vs Roth IRA

How much money can you save in the next 6 months if you really tighten the budget? You are in a fairly high tax bracket minimum so I think it should be a fairly significant savings target.
by Nate79
Sun Aug 12, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Cleaning gas grill
Replies: 32
Views: 2420

Re: Cleaning gas grill

Be warned of the dangers of using a wire brush:
https://www.consumerreports.org/food-sa ... sh-danger/
by Nate79
Sat Aug 11, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Mid 30s Crisis: Personal budget, savings and goals
Replies: 35
Views: 6250

Re: Mid 30s Crisis: Personal budget, savings and goals

To start I would be debt free on Monday with that pile of cash.
by Nate79
Sat Aug 11, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

Are you telling me I could move everything to Fidelity with in-kind transfers? And thus I could completely eliminate any time out of the market? I've been looking at this issue (for after-tax investments) over the last couple days ICW moving from Vanguard to Fidelity. ETFs can be moved from Vanguar...
by Nate79
Fri Aug 10, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

What is the ticker? I can not find it in a quick internet search. I think it was a trick question; Fidelity has no such fund, showing the value Vanguard provides across the fund complex (in WCI's opinion anyway). IJS is free to trade at Fidelity, which could explain (perhaps) why they do not have t...
by Nate79
Fri Aug 10, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

So the answer to the OP question posted on March 28 is clear- anyone buying at the then prevailing stock price could have made a profit of about 100 points by selling this week. Not too many of us were saying yes. And I am still saying yes, would hope that my stock position, which has more than dou...
by Nate79
Fri Aug 10, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by Nate79
Fri Aug 10, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage....risk?
Replies: 14
Views: 1039

Re: Paying off mortgage....risk?

Ok...I know we've beaten this horse to death a thousand times already but please bear with me. I know there are many pros and cons on whether to pay off entire mortgage if one can afford. One cons (or risk) that is at the back of my mind is "what happens in a worse case, total lost event that is no...
by Nate79
Fri Aug 10, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage....risk?
Replies: 14
Views: 1039

Re: Paying off mortgage....risk?

So isn't this risk sufficient enough NOT to pay off mortgage? Please advise if there's something wrong with my logic. Thanks. No its not, what you are missing is that every mortgage payment a sizable chuck of the payment goes to the bank. Its gone, lost to your forever in the form of the interest p...
by Nate79
Fri Aug 10, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

Don't the relative tax inefficiencies of Fidelity's funds (at least FSTVX) when compared to their most comparable Vanguard funds end up cancelling out the lower fees? I don't have total understanding of this but I thought that was the information I had seen. I could be wrong. I made a quick calcula...
by Nate79
Fri Aug 10, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is the etf and MF equivalent gonna create a wash sale?
Replies: 14
Views: 673

Re: Is the etf and MF equivalent gonna create a wash sale?

IRA's and taxable accounts count in determining wash sales. May I ask ... does selling from Roth IRA's count as well? (since there are no declarable tax losses) I've been balancing out of total international fund in Roth & am want to buy more of ETF in taxable. Thanks in advance Buying and selling ...
by Nate79
Fri Aug 10, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: treasury bills 4 weeks not always available?
Replies: 10
Views: 586

Re: treasury bills 4 weeks not always available?

Why are you only looking at new issue tbills?
by Nate79
Fri Aug 10, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property with Sibling Questions
Replies: 22
Views: 1492

Re: Rental Property with Sibling Questions

Have you even analyzed if this is a good rental or not? Do you know how?
by Nate79
Fri Aug 10, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

Don't the relative tax inefficiencies of Fidelity's funds (at least FSTVX) when compared to their most comparable Vanguard funds end up cancelling out the lower fees? I don't have total understanding of this but I thought that was the information I had seen. I could be wrong. I made a quick calcula...
by Nate79
Fri Aug 10, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 83
Views: 7147

Re: The Bigger Story: Fidelity Expense Ratios

Based on my portfolio and your table I would save about $250 on expenses alone by switching from VG to Fido. However there would be capital gains on the after tax piece that would swamp the savings. In addition I would have to get to know the Fidelity culture, which by the posts I see on this site ...
by Nate79
Fri Aug 10, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

I'm not sure if this was mentioned yet or not but the SEC has opened a probe of the Musk tweets: https://sanfrancisco.cbslocal.com/2018/08/09/sec-investigation-elon-musk-tesla-buyout-tweet/ The claim that funding had been secured for taking Tesla private will be an interesting one for him to prove t...
by Nate79
Fri Aug 10, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 22
Views: 1852

Re: Vanguard Switch to Brokerage Accounts

Believe it or not but as was posted in the last rant thread on Vanguard brokerage vs mutual fund accounts that Vanguard will be transitioning all accounts to brokerage accounts in the near future. I would not be making long tern plans based on the mutual fund structure. However, we also know Vanguar...