Search found 3454 matches

by Nate79
Sat Oct 20, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1265
Views: 215970

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I am transferring my Roth IRA from Vanguard to Merrill Edge to take advantage of the transfer bonus and qualify for Platinum rewards. Currently, my Vanguard Roth is invested in three Admiral index mutual funds, and I intend to (somewhere along the line) switch to equivalent ETFs to ensure free trad...
by Nate79
Sat Oct 20, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: [Starter Home] Sell it or Rent it out?
Replies: 20
Views: 757

Re: [Starter Home] Sell it or Rent it out?

It flunks the most basic 1% rule plus you lose the tax benefits of capital gain exclusion. Sounds like a horrible rental to me.
by Nate79
Sat Oct 20, 2018 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 59
Views: 12689

Re: Best options for cash in Schwab brokerage accounts?

I started putting some money into Schwab's SWVXX money market in May of this year. When I look at the "positions" tab, the gains/loss is 0% (which is disturbing, actually). I would like to be able to see online the $s gain/lost for that day, and the % gains/loss year to date for each fund. Or, if i...
by Nate79
Fri Oct 19, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: The End of Indexing?
Replies: 33
Views: 3820

Re: The End of Indexing?

Nope, have better things to do with my time than to read such financial trash.
by Nate79
Fri Oct 19, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance lights on?
Replies: 26
Views: 2019

Re: Selling to CarMax if maintenance lights on?

What do those maintenance items require? Maintenance items are not required - you are never required to do the items when the manual calls for it and especially for an older car you may decide to stretch out the general maintenance items to save money. It happens all the time. That light is just com...
by Nate79
Fri Oct 19, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 72
Views: 6595

Re: Just Divorced -- Need Help [looking for new credit card]

OK, if a credit card transfer is a dumb idea what do you suggest I do? I need to refinance 35k in credit card debt and I can't take out a HELOC because she was awarded the home. I checked with my credit union and the largest personal loan I can get is 10,000. LendingClub would approve me to 35k but...
by Nate79
Fri Oct 19, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Can you include this in a will?
Replies: 17
Views: 2347

Re: Can you include this in a will?

I have seen this written in a will by a lawyer in Missouri.
by Nate79
Fri Oct 19, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 18
Views: 1280

Re: Co-pay accumulators in new health plans

Filing an insurance claim without an actual monetary loss is a very common well known form of insurance fraud. The pharmacy files the insurance claim on your behalf. The insurance company pays its contracted share of the cost. The rest is the patient's responsibility. The drug manufacture pays all ...
by Nate79
Fri Oct 19, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Co-pay accumulators in new health plans
Replies: 18
Views: 1280

Re: Co-pay accumulators in new health plans

Filing an insurance claim without an actual monetary loss is a very common well known form of insurance fraud.
by Nate79
Fri Oct 19, 2018 12:00 am
Forum: Personal Consumer Issues
Topic: $34k Volt vs $54k Model 3?--help me decide??
Replies: 88
Views: 7798

Re: $34k Volt vs $54k Model 3?--help me decide??

Tesla is now letting Model 3 buyers purchase a "mid-range" battery with a range of 260 miles at a starting, pre-incentive price of $45K. Details here: https://3.tesla.com/model3/design?#battery Fascinating. Ok I guess I’m back into considering though the longer range battery is very comforting. App...
by Nate79
Thu Oct 18, 2018 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Timing mortgage pay down
Replies: 37
Views: 2176

Re: Timing mortgage pay down

The one topic that seems to be discussed to no end on this forum is whether to pay down your mortgage or invest. This got me thinking whether the optimal answer depends on timing. Traditional amortization schedules heavily weigh interest in the early life of the mortgage. Your monthly payment doesn...
by Nate79
Thu Oct 18, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: Why dismiss sectors?
Replies: 31
Views: 1571

Re: Why dismiss sectors?

I would just buy an active fund before trying to market time and pick sectors myself. I know the managers of active funds, especially at the reputable funds are much smarter than myself when it comes to investing.
by Nate79
Wed Oct 17, 2018 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10994

Re: Talk me out of buying a Tesla Model 3

Ignore all the negative news you see out there. There are lot of big money games being played by wall street to manipulate the stock price and they have way of controlling the news you see out there. This is a parody right? I mean you are making fun of the cult right? No? Well just to be clear ELON...
by Nate79
Wed Oct 17, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Denied credit card with great credit
Replies: 17
Views: 1607

Re: Denied credit card with great credit

Was it perhaps a Chase card?
by Nate79
Wed Oct 17, 2018 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 2980

Re: Too good to be true; what am I missing?

The rate of return for making additional principal payments on a loan, including mortgages is simply the interest rate of the loan. So you would not borrow money at a higher interest rate to pay off a loan with a lower interest rate.
by Nate79
Tue Oct 16, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard changing my Admiral shares to Investor Shares
Replies: 26
Views: 4550

Re: Vanguard changing my Admiral shares to Investor Shares

These are the rules, and have always been the rules. Not sure what is the issue except OP didn't understand the terms of their contract.
by Nate79
Mon Oct 15, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: PSA: Oct 15th last day to buy Tesla for guarantee to qualify for $7500 federal tax break.
Replies: 4
Views: 845

Re: PSA: Oct 15th last day to buy Tesla for guarantee to qualify for $7500 federal tax break.

https://www.theverge.com/2018/10/12/17967586/tesla-delivery-federal-tax-credit-october-15 "Tesla promises all cars ordered by October 15th will qualify for $7,500 tax break" -- for those on the fence right now. Cheers Cars must be delivered before the end of the year to get the tax break. So just b...
by Nate79
Mon Oct 15, 2018 3:26 am
Forum: Investing - Help with Personal Investments
Topic: Feedback on Kai-Zen premium finance life insurance plan
Replies: 19
Views: 1357

Re: Feedback on Kai-Zen premium finance life insurance plan

Here was the other thread.

viewtopic.php?p=4161238#p4161238

Strange that this horrible product is brought up again after that previous thread was bumped by an apparent salesperson.
by Nate79
Sat Oct 13, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Not convinced with insurance
Replies: 45
Views: 3537

Re: Not convinced with insurance

So your transportation is exclusively walking or public transportation? Never driving a friends car, renting car or even riding a bicycle?
by Nate79
Sat Oct 13, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buy new car with 25% tax credit vs. Keep old car
Replies: 9
Views: 910

Re: Buy new car with 25% tax credit vs. Keep old car

Which new car are you considering?
by Nate79
Fri Oct 12, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: Public companies as proxies for capitalism as a system
Replies: 9
Views: 796

Re: Public companies as proxies for capitalism as a system

Private businesses, including small businesses are a very significant percentage of the countries GDP. But I seriously doubt any sort of doomsday where somehow private companies magically win and public companies lose except thru some sort of government action.
by Nate79
Fri Oct 12, 2018 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: "Experian Flaw Just Revealed PINs Protecting Credit Data"; What to do?
Replies: 42
Views: 4417

Re: "Experian Flaw Just Revealed PINs Protecting Credit Data"; What to do?

Kind of funny that I get Experian email alerts for data breaches , such as the recent google or Facebook ones but never heard anything about their own breach.....
by Nate79
Fri Oct 12, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 2809

Re: Pacific Northwest trip

Thinking of taking about a 9-day trip to Oregon/Seattle next summer with the family (adult kids). Does 5 days in Portland and 4 days in Seattle seem like enough time to get a good feel for each place? Probably would do day trips from each city but I only want to say in two hotels/AirBnBs. Any sugge...
by Nate79
Thu Oct 11, 2018 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: KaiZen Life Policy
Replies: 22
Views: 3734

Re: KaiZen Life Policy

EsaCFP wrote:
Thu Oct 11, 2018 8:51 pm
How so? Is it because my opinion differs from yours?
Also what you wrote is absolutely not true and sounds like complete rubbish from a salesman.
by Nate79
Thu Oct 11, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: KaiZen Life Policy
Replies: 22
Views: 3734

Re: KaiZen Life Policy

Congratulations! You got great advice from people who don’t know what they are talking about. Kai-Zen is a premium financed index universal life insurance policy that offers benefits way beyond what other investment options, such as 401k, IRA, Roth, regular brokerage accts. etc. can deliver. Compar...
by Nate79
Thu Oct 11, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Do ITOT and FSTVX follow the same index ?
Replies: 3
Views: 498

Re: Do ITOT and FSTVX follow the same index ?

For the indexes themselves: S&P total market index: The S&P Total Market Index (TMI) is designed to track the broad equity market, including large-, mid-, small-, and micro-cap stocks. The S&P 500® and the S&P Completion Index are subsets of the S&P TMI. number of companies: 3825 Dow Jones UT total ...
by Nate79
Thu Oct 11, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4149

Re: Relaxing in America during this current market drop

The only way you lost a lot of money is if your account size is very large because as a percentage the current market blip has been pretty small drop compared to a market downturn.

So I don't get the whole "a lot" statement.
by Nate79
Thu Oct 11, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 72
Views: 6595

Re: Just Divorced -- Need Help

My credit went from near perfect to mid 600s due to my divorce. I was awarded all of my ex-wife's credit card debt she racked up while we were separated. What is the best all around credit card I can transfer the balances to as I work to repair my credit? In a perfect world, I'd prefer the card hav...
by Nate79
Thu Oct 11, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3223

Re: Formula for when to buy in bulk

From a practical standpoint, especially for buying in bulk at Costco we try to buy enough product that we will have enough to last us until it goes on sale again. We know somewhat our consumption rate and most items do not spoil within this time period and we kind of know how often these items go on...
by Nate79
Thu Oct 11, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2423

Re: Social Security benefits up 2.8% in 2019

Here you can find various links and information on CPI:
https://www.bls.gov/news.release/cpi.nr0.htm

This one has the breakdown by category:
https://www.bls.gov/news.release/cpi.t01.htm
by Nate79
Thu Oct 11, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2142

Re: Transition to Vanguard's new investment platform???

Now that Vanguard is putting in writing that they are going to retire the old platform I think the writing is on the wall that the old platform will not last soon. So reality is do you want to do it today or in the near future?
by Nate79
Wed Oct 10, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use your own cards for work travel?
Replies: 16
Views: 1111

Re: Do you use your own cards for work travel?

tony_roach wrote:
Wed Oct 10, 2018 7:27 pm
My Megacorp's policy is to use the company card for all business expenses.
+1 same here.
by Nate79
Wed Oct 10, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2226

Re: What do you think of the Tesla craziness?

Has this site turned into reddit?
by Nate79
Wed Oct 10, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Elder care tax question(s)
Replies: 27
Views: 1734

Re: Elder care tax question(s)

Concerning the step transaction you clearly wrote in your OP that you are from the very beginning looking to give it to her and get a step up in basis on her death. 4. I own a rental property in Idaho. If I sign the title over to her (and file a gift tax return), the existing adjusted basis carries ...
by Nate79
Wed Oct 10, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Airline vs. non-airline travel card
Replies: 10
Views: 862

Re: Airline vs. non-airline travel card

The Costco card, if you are a Costco member, is free and gives 3% cash back on travel.
by Nate79
Wed Oct 10, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10994

Re: Talk me out of buying a Tesla Model 3

Does anyone else find the car hideously ugly? A lot of people say that they find the car nice looking but I find it really ugly. Saw one driving on the interstate the other day, and before knowing what it was I thought it looked real ugly. My wife who was with me thought the same.
by Nate79
Wed Oct 10, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3542

Re: Diversifying with a zero-correlation, zero-return volatile asset

Which of the following is true? a) Long-term, the coin-flip "asset" adds valuable diversification to both portfolios, and improves the risk-adjusted return for both of you. It is mutually beneficial to enter into this arrangement, and you should seriously try to find a partner willing to do it. b) ...
by Nate79
Wed Oct 10, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Evaluation of Pension Default Risk
Replies: 6
Views: 559

Re: Evaluation of Pension Default Risk

I will just throw this little thought out there, not really in support or against the pension. But consider that at age 52 you may live 40+ more years. Specifically concerning the health of the pension it is not just today's health but it's health for the next 40+ years. Of course look at the health...
by Nate79
Wed Oct 10, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553026

Re: Stocks tumbling?

They are? Huh, hadn't been paying attention to stock prices every day.....
by Nate79
Tue Oct 09, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Elder care tax question(s)
Replies: 27
Views: 1734

Re: Elder care tax question(s)

#4 is an easy no. That is a clear step transaction as far as I'm aware.
by Nate79
Tue Oct 09, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to pay this car loan off?
Replies: 17
Views: 730

Re: Best way to pay this car loan off?

As far as I'm aware auto loans accrue interest daily. This is different from a home mortgage which accrues monthly. It means for auto loan the day you make the extra payment matters but for a mortgage it doesn't.
by Nate79
Tue Oct 09, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2733

Re: College loan advice?

A student taking out loans is not "skin" in the game. It is the exact opposite. Most college students have no clue how much they are taking out in loans, how much their school costs, and when they get out they get hit with reality. So much for skin in the game. Skin in the game would be working and ...
by Nate79
Tue Oct 09, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10994

Re: Talk me out of buying a Tesla Model 3

Still $75k seems very expensive for a performance model of what is supposed to be an economy EV. No one is calling the Model 3 an economy EV (except you). It may be the cheapest car Tesla has produced so far, but it is not and was never intended to be an economy car. By economy car, how commonly us...
by Nate79
Tue Oct 09, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10994

Re: Talk me out of buying a Tesla Model 3

No way would I buy a Model 3 in your financial situation. You are saving well and right on track where you need to be. You have a decent salary but $75k is very expensive. Just curious as to what the salary of OP should be(assuming the current assets already saved is as is) for you to give green si...