Search found 2989 matches

by Nate79
Thu Aug 16, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 347
Views: 44213

Re: MoviePass-Too good to be true, but it's legit.

The game is almost over. Recent changes noted here: https://money.cnn.com/2018/08/16/media/moviepass-limited-movies-every-day/index.html The troubled movie subscription service told customers Thursday that it will limit the films and showtimes that are available each day. The restrictions are part o...
by Nate79
Thu Aug 16, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 20948

Re: Invest in Tesla?

CNN Money has really been picking up articles on Tesla recently. Here is today's which follows closely the topic being discussed in this thread:

It's time for Tesla to call in a grown-up to keep Elon Musk in check

https://money.cnn.com/2018/08/16/news/c ... index.html
by Nate79
Thu Aug 16, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: This is not a typical medical collections issue- what to do?
Replies: 54
Views: 8493

Re: This is not a typical medical collections issue- what to do?

I am another person impacted by Confrimatrix fraud and the company has my real name and SS info.. URGH ! The collection agency trying to collect fraudulent debt has not provided proof of lab work and said a letter from Doctor would not resolve me of this debt. I've contested the debt and was instru...
by Nate79
Thu Aug 16, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate?
Replies: 32
Views: 1691

Re: Why the Yale Endowment Hate?

(Cardinal and Gray here). (Even if my avatar looks like Old Nassau). Do not confuse the Yale Endowment with the Yale Endowment portfolio that you mention in the OP. Not the same thing. To spell it out: As of fiscal year 2017, the Yale Endowment portfolio was reported to be (p. 7) Absolute Return 25...
by Nate79
Thu Aug 16, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate?
Replies: 32
Views: 1691

Re: Why the Yale Endowment Hate?

Do not confuse the Yale Endowment with the Yale Endowment portfolio that you mention in the OP. Not the same thing.
by Nate79
Thu Aug 16, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Mail order pharmacy
Replies: 31
Views: 741

Re: Mail order pharmacy

Currently using CVS/Caremark. Used to use ExpressScripts. Both have been terrific. No complaints. +1 Us also. The drugs need to be delivered to the pharmacies as well. Unless the pharmacies are getting some special delivery service with temperature controlled environment vs the mail order then the ...
by Nate79
Thu Aug 16, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: OK, maybe Vanguard's website IS a little old... "56K dial-up..."
Replies: 19
Views: 1867

Re: OK, maybe Vanguard's website IS a little old... "56K dial-up..."

Maybe their one IT guy is still busy working on how to do the commission free ETF trades and didn't have any time to remove that language.
by Nate79
Thu Aug 16, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 6
Views: 483

Re: Advantages of I-Bonds vs CD ?

i-bonds are tax deferred, they can be cashed in tax free if used for education purposes (with specific rules around that), and state tax free. But the annual limits make them somewhat limited in usefulness unless you buy them every year.
by Nate79
Thu Aug 16, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 9
Views: 509

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

Please read White Coat Investor's extensive articles on Permanent Life Insurance. https://www.whitecoatinvestor.com/what-you-need-to-know-about-whole-life-insurance/ There are tons of "myths" about these products. The people saying to cash them in, even old policies are not "uniformed." There are a ...
by Nate79
Thu Aug 16, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Help! Yet Another WL insurance question [Whole Life]
Replies: 10
Views: 512

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

If I do term insurance and "invest the difference" wouldn't I have to do significantly better in an investment account? So if I get 4-5% return on my WL policy wouldn't I need to at least double that in an investment account (10%) because it's a taxable account? Why do you say that? How do you plan...
by Nate79
Thu Aug 16, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Help! Yet Another WL insurance question [Whole Life]
Replies: 10
Views: 512

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

If I do term insurance and "invest the difference" wouldn't I have to do significantly better in an investment account? So if I get 4-5% return on my WL policy wouldn't I need to at least double that in an investment account (10%) because it's a taxable account? Why do you say that? How do you plan...
by Nate79
Thu Aug 16, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Student Loans or "special" Mortgage payments
Replies: 12
Views: 386

Re: Student Loans or "special" Mortgage payments

The difference is minor @ 0.25% that's at most $250 per year on the $100k student loans (difference from the mortgage). So it really doesn't matter that much. I would crank down on the budget and get both paid off asap. Yes, but 2nd mortgage is an ARM. That's the deciding factor to me - I'd pay off...
by Nate79
Thu Aug 16, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 16
Views: 1275

Re: High tax bracket - Go 100% Roth in tax advantaged?

The assets you have in your tax deferred accounts is quite low to be worrying about RMDs. And you are quite young to be so confident about a pension income and SS 30+ years in the future. Your tax deferred accounts have a LONG LONG LONG way to go before you need to worry about RMDs (you can project ...
by Nate79
Thu Aug 16, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Should I Max Out Tax-Deferred Accounts?
Replies: 28
Views: 2012

Re: Should I Max Out Tax-Deferred Accounts?

How about the other aspects of your financial life? Are you debt free? Kids in the picture (thus 529 plans)? Own your own home? Sufficient term and disability insurance? Etc etc.
by Nate79
Thu Aug 16, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: How Best to Utilize Permanent Life Insurance Upon Retirement
Replies: 9
Views: 509

Re: How Best to Utilize Permanent Life Insurance Upon Retirement

Not sure why this discussion should be about keeping these horrible products for another 15 years + retirement years. Better would be should I cancel this cr*p or not (yes) and what to do with the cash value.
by Nate79
Thu Aug 16, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Student Loans or "special" Mortgage payments
Replies: 12
Views: 386

Re: Student Loans or "special" Mortgage payments

The difference is minor @ 0.25% that's at most $250 per year on the $100k student loans (difference from the mortgage). So it really doesn't matter that much. I would crank down on the budget and get both paid off asap.
by Nate79
Wed Aug 15, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 20948

Re: Invest in Tesla?

This WSJ article has lots of details, beyond just the headline that the SEC has a formal investigation of Tesla and are subpoenaing various senior executives. https://www.wsj.com/articles/sec-sends-subpoena-to-tesla-in-probe-over-musk-tweets-1534366752?ru=yahoo?mod=yahoo_itp&yptr=yahoo The big inst...
by Nate79
Wed Aug 15, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 20948

Re: Invest in Tesla?

Perhaps it's time for Elon to step down as CEO and put someone in charge who knows how to properly run a public company. I get that he's a "big ideas" guy who wants to change the world. That's fine. As CTO, he can do that, setting the direction of what Tesla is going to do. He needs someone to grab...
by Nate79
Wed Aug 15, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 20948

Re: Invest in Tesla?

Perhaps it's time for Elon to step down as CEO and put someone in charge who knows how to properly run a public company. I get that he's a "big ideas" guy who wants to change the world. That's fine. As CTO, he can do that, setting the direction of what Tesla is going to do. He needs someone to grab...
by Nate79
Wed Aug 15, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Discarding dead cell phone without purging my data
Replies: 26
Views: 1704

Re: Discarding dead cell phone without purging my data

Take the battery off and get creative.
by Nate79
Wed Aug 15, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 232
Views: 19004

Re: "Don't Obsess About Expense Ratios"

I think there is no question Vanguard will lower their fees. To what, I have no idea. They may lower them to zero and slightly raise fees on managed funds to make up the difference (though history shows that their fees tend to get lower over time, not higher). As someone who has the bulk of retirem...
by Nate79
Wed Aug 15, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Windfall proceeds - what to do?
Replies: 16
Views: 1306

Re: Windfall proceeds - what to do?

I feel like the bull market has to come to an end, I'm pretty sure you could do a search and find people saying the same thing in 2011. And 2013. And November 9, 2016. And January 2018. I mean, I'm not saying you're wrong or anything. Eventually, the music will stop and a correction will happen, an...
by Nate79
Wed Aug 15, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 232
Views: 19004

Re: "Don't Obsess About Expense Ratios"

What do you call a 5 page thread discussing the intimate details of expense ratios on the topic of Don't Obsess about Expense Ratios?
by Nate79
Wed Aug 15, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Cash out re-fi or HELOC?
Replies: 4
Views: 477

Re: Cash out re-fi or HELOC?

Save up, pay with cash......
by Nate79
Wed Aug 15, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Brokerage checking: Fidelity, Schwab, or Vanguard
Replies: 23
Views: 2010

Re: Brokerage checking: Fidelity, Schwab, or Vanguard

We have transferred everything over to Schwab and couldn't be happier. Brokerage and checking accounts. Awesome customer service, especially the chat feature. Excellent no fee debit card.
by Nate79
Wed Aug 15, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 60
Views: 2920

Re: Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. Would you take a car loan that you didn’t need? My only other debt is a home mortgage with after tax interest rate of 1.7% ...
by Nate79
Tue Aug 14, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Magic Formula Results
Replies: 20
Views: 1801

Re: Magic Formula Results

Has anyone really tried the Magic Formula, from Grennblatt's "The Little Book That Beats the Market"? I have seen several posts but nothing definitive and long-term. People seem to give up after a years or so. I started using it on 1/4/2007, so I am in it for just over 11 years. I do it in a SEP IR...
by Nate79
Tue Aug 14, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Credi card balance transfer offer
Replies: 10
Views: 696

Re: Credi card balance transfer offer

Do you also pick up pennies off the ground? Sounds like a waste of time for a minor gain.
by Nate79
Tue Aug 14, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 85
Views: 6531

Re: As an American, where are some great places in the world to retire?

I would retire to a LCOL area first, maybe even buy an RV and travel around the US parking in LCOL area and then go on extended vacations to nice countries to get the feel of them. Options like AirBnB with extended stay should give a reasonable cost and good feeling for the local country and if you ...
by Nate79
Tue Aug 14, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio experiment
Replies: 14
Views: 1645

Re: Schwab Intelligent Portfolio experiment

I've started a Schwab IP about a year and half ago with the goal of trying a Robo type investment. My observations until now. Pros -Low fees. This is what initially got me interested -Schwab controls all reallocation. Yes it worked fine -Hands off. Yes -Diversified. Yes -Kept allocation I set at th...
by Nate79
Tue Aug 14, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Return Protection: Citi Doublecash
Replies: 11
Views: 1063

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: 6
Views: 373

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: 355
Views: 20169

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: 76
Views: 4557

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: 33
Views: 2701

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: 6
Views: 373

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: 17
Views: 852

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: 355
Views: 20169

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: 355
Views: 20169

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: 32
Views: 3138

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: 5142

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: 355
Views: 20169

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: 605

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: 605

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: 729

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: 10
Views: 512

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: 772

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: 17
Views: 1522

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...