Search found 3438 matches

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: 2
Views: 437

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: 25
Views: 3925

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: 815

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: 12
Views: 957

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: 39
Views: 2906

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: 893

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: 773

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: 4380

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: 38
Views: 2487

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: 3674

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: 3674

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: 482

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: 4117

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: 66
Views: 5960

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: 3145

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: 2401

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: 2064

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: 1078

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: 2214

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: 1616

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: 848

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: 185
Views: 10032

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: 3513

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: 547

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: 7364
Views: 1546366

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: 1616

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: 726

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: 37
Views: 2512

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: 185
Views: 10032

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: 185
Views: 10032

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...
by Nate79
Tue Oct 09, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 10032

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 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Payoff debt with Roth contributions??? Change in circumstances?
Replies: 6
Views: 521

Re: Payoff debt with Roth contributions??? Change in circumstances?

The debt needs to be paid off at some point anyways. So whether you pull out the money now and pay it off or wait until retirement and pay it off the only difference will be the return on the money between the debt vs the investments. Perhaps list out the debts with interest rates as well as your in...
by Nate79
Tue Oct 09, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 10032

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. That is probably 1 year of expenses. If I was dropping $75k I would want a true luxury car but you seem more interested in the e...
by Nate79
Mon Oct 08, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with VUL product requested
Replies: 7
Views: 348

Re: Help with VUL product requested

Time to cancel the VUL policy. Very easy decision. They can't afford it for the very reason these are absolutely horrid products. They blow up when you get old. Not that the whole life policy is much better..... Seems that they have pretty high longevity risk with expenses at $54k and income at $36k...
by Nate79
Mon Oct 08, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy this insurance policy?
Replies: 9
Views: 423

Re: Would you buy this insurance policy?

Nope. It is a gimmick insurance similar to accident insurance, cancer insurance, etc etc. This is what an emergency fund is for.
by Nate79
Mon Oct 08, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone used software to write a Will?
Replies: 15
Views: 1266

Re: Has anyone used software to write a Will?

We used Willmaker when our baby was born. We will use a lawyer to write new ones in near future but it was fine to at least have something in place.
by Nate79
Sun Oct 07, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7811

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

What is the actual benefit of the Vanguard ownership structure? I for one feel nothing like an owner, there are no financial reports, no voting ability, no reduced exec comp (not McNabb was rumoured to earn up to $15m/year etc. Vanguard is now behind Blackrock, Fidelity and Schwab in many core fund...
by Nate79
Sun Oct 07, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Loan Payment Vs. Holding in VWALX
Replies: 15
Views: 786

Re: Loan Payment Vs. Holding in VWALX

I guess you're asking if we agree that it is a wash to keep the loans as they currently are vs. using VWALX (in taxable account) to pay the loan off early. If your calcs are correct, it does look like a wash. But keep these things in mind: I assume you are claiming student loan interest on the fron...
by Nate79
Sun Oct 07, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3321

Re: What are your strategies when shopping for a house?

Just got done shopping for a new house as part of a relocation and man there are a lot of "lipstick on a pig" houses out there right now really reaching for prices they don't deserve.
by Nate79
Sun Oct 07, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7811

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

What is the actual benefit of the Vanguard ownership structure? I for one feel nothing like an owner, there are no financial reports, no voting ability, no reduced exec comp (not McNabb was rumoured to earn up to $15m/year etc. Vanguard is now behind Blackrock, Fidelity and Schwab in many core fund...
by Nate79
Sun Oct 07, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5521

Re: Is an emergency fund just about market timing?

Say that some economic catastrophe occurs and you lose your job as a result. The market loses half its value. You really need your e fund now and where you thought you had 6 months saved, in fact, you now only have 3 months saved. That is a flawed argument. On the one hand, the most important corne...
by Nate79
Sun Oct 07, 2018 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Loan Payment Vs. Holding in VWALX
Replies: 15
Views: 786

Re: Loan Payment Vs. Holding in VWALX

I would keep a healthy emergency fund and then throw everything at the debt. The yield on the high yield fund is 3.4%, risk free return of paying off the debt is at or better than that. Plus high yield fund is not risk free by any means.
by Nate79
Sun Oct 07, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Radon
Replies: 10
Views: 1226

Re: Radon

Have had 2 houses so far to need radon mitigation installed.
by Nate79
Sun Oct 07, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat
Replies: 77
Views: 7811

Re: Surprised by Jack's answer to Fidelity's 0 mgmt fund threat

Ref: https://vimeo.com/channels/bogleheads/293765659 (Bogleheads 2018 fireside chat) To me this is simpler. I recently told my rep @ Fidelity exactly what I'm about to say here. Fidelity for a long time ignored changes in the market. Eventually they responded...principally as it became a competitiv...
by Nate79
Sun Oct 07, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4589

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I'm getting a pop up message every time I'm logging on recently, and it's sounding more urgent: Important update needed for your account We'll be retiring our old investment platform and, as a result, we're asking all our clients to transition to our new investment platform. Interesting that they h...