Search found 2124 matches

by Nate79
Thu Apr 26, 2018 12:52 am
Forum: Investing - Help with Personal Investments
Topic: Investment Class/Group at Work
Replies: 14
Views: 921

Re: Investment Class/Group at Work

We had this. The problem was that for everyone who was a sensible budget/save/diversified portfolio type investor, there were three who were into gold, 100% cash, wealth via manufactured spending, shady tax dodges, rental properties with no down payment, etc. I’m sure that after I left, Bitcoin bec...
by Nate79
Thu Apr 26, 2018 12:47 am
Forum: Personal Consumer Issues
Topic: Anyone had luck getting condo to install solar panels?
Replies: 6
Views: 441

Re: Anyone had luck getting condo to install solar panels?

What is the payback period in your current proposal?
by Nate79
Thu Apr 26, 2018 12:45 am
Forum: Personal Consumer Issues
Topic: Help! Nephew is asking for college advice (undergrad choices)
Replies: 10
Views: 446

Re: Help! Nephew is asking for college advice (undergrad choices)

What can he afford and why only those schools?
by Nate79
Thu Apr 26, 2018 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund in VCTXX
Replies: 7
Views: 482

Re: Emergency Fund in VCTXX

I'm not sure how big of an EF we are talking about here but you should calculate how much money is really at stake here by switching from savings account to the muni fund. My guess you are getting about enough to buy a burger but also taking a very small extra risk.
by Nate79
Wed Apr 25, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy
Replies: 18
Views: 996

Re: Whole Life Policy

So you earn 5% a year as long as you spend an annually increasing amount on something you don't need. That's the puzzlement for me. I'd look at the increase without subtracting out the premium, since I wouldn't pay that if it weren't necessary to earn the 5%. I can certainly stop paying premiums (t...
by Nate79
Wed Apr 25, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: What happened to the Dow Jones between 1966-1982?
Replies: 55
Views: 2418

Re: What happened to the Dow Jones between 1966-1982?

Certainly there are 10 year periods of the S&P500 where the total return was negative or zero. Plot from 2000 to 2011.
by Nate79
Wed Apr 25, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 34
Views: 2644

Re: Schwab Vs Fidelity Vs Vanguard

Keep in mind that expenses are just part of the equation. I had accounts at Fidelity and Vanguard, with most assets at Vanguard. The only holding in my Fidelity accounts was Fidelity Total Bond Market Premium, FSITX. When I compared it a few years back to Vanguard's Total Bond Market Admiral, VBTLX...
by Nate79
Wed Apr 25, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 892

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical . Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - a...
by Nate79
Wed Apr 25, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Term4Sale Agent - Am I getting bad advice?
Replies: 7
Views: 476

Re: Term4Sale Agent - Am I getting bad advice?

Every time I have applied for term insurance, thru different companies they always ask where I plan to travel and where I have travelled overseas. As I travel a lot to Asian countries they ask me explicitly to list out the countries. They never said anything good or bad about my answers but I have a...
by Nate79
Wed Apr 25, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 34
Views: 2644

Re: Schwab Vs Fidelity Vs Vanguard

I have accounts at all three plus TDA (for now anyway). IMHO they are all good for "investors". Only Schwab and Fidelity are good for "traders". I think for long-term "investors" you can't go wrong with any of these. Regarding "ownership", we as VG fund owners may "own" VG, but VG does not share an...
by Nate79
Wed Apr 25, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 107
Views: 5291

Re: Max-funding an Index Universal Life policy to the IRS limit??

So Prudential did not approve my special request to free look the policy after the free look period expired. They sent me a rejection letter. 9k down the drain (gulp). It was an expensive lesson but at least it got me to discover the BH forum and I have begun to educate myself so I can take control...
by Nate79
Wed Apr 25, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy
Replies: 18
Views: 996

Re: Whole Life Policy

There are tons and tons of WL threads. Just do a search. My general rule of thumb for WL is.......

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Don't put a single extra penny in this horrible product that you don't have to.
by Nate79
Wed Apr 25, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 9
Views: 800

Re: Allocation to combine Dave Ramsey and Vanguard?

Hi guys! Looking for thoughts on the following asset allocation? Dave Ramsey recommends staying aggressive not just when young but even through retirement. His split is an even 25% for Growth and Income, Growth, Aggressive Growth, and International. I've heard this described as Large, Mid, Small, I...
by Nate79
Wed Apr 25, 2018 12:16 am
Forum: Investing - Theory, News & General
Topic: Help poke holes? Roger Ibbotson recommends a Fixed Index Annuity as a partial bond alternative.
Replies: 23
Views: 1366

Re: Help poke holes? Roger Ibbotson recommends a Fixed Index Annuity as a partial bond alternative.

I almost fell out of my chair when I read the no cost comment. These horrible products belong in the trash can with the permanent insurance trash.
by Nate79
Tue Apr 24, 2018 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 34
Views: 2644

Re: Schwab Vs Fidelity Vs Vanguard

I highly recommend Schwab over Vanguard. Schwab puts its customer first with excellent customer service. That's the great thing about this extremely competitive field as Schwab has direct interest to provide a superior product and service.
by Nate79
Tue Apr 24, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Needing some sage advice on mom's Uni Life policy
Replies: 10
Views: 534

Re: Needing some sage advice on mom's Uni Life policy

If she needs the cash then I would cash it out. Why does she need LIFE INSURANCE? This policy really only benefits someone in the next 5 years if she dies. Otherwise there is no benefit to her.
by Nate79
Tue Apr 24, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab international ATM (worth the hard credit pull)
Replies: 25
Views: 1444

Re: Charles Schwab international ATM (worth the hard credit pull)

I am really enjoying the service and options at Schwab. We have been transferring our accounts there, starting with checking + brokerage accounts. The no fee ATM is icing on the cake. The hard pull on the credit report was a non issue. I don't even think it made a small dent, no more than the month ...
by Nate79
Tue Apr 24, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Re-financing (SoFi, others?) for friend
Replies: 5
Views: 495

Re: Student Loan Re-financing (SoFi, others?) for friend

If they have grand plans for part time work and starting a clinic in Central America and thus taking a massive hit to their income they are right to hit their student loan debt hard and fast and stop all retirement saving except for up to the match. This is a life choice they are making that they ne...
by Nate79
Tue Apr 24, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Difference in Difficulty Driving Moving Trucks By Size
Replies: 18
Views: 1543

Re: Difference in Difficulty Driving Moving Trucks By Size

The most difficult part will not be the interstate but at the beginning and your final destination depending on the layout/street size/etc. As someone who drives a HD truck I can tell you I get a little nervous trying to negotiate the skinny streets in downtown Portland vs getting around on the Inte...
by Nate79
Tue Apr 24, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Dividend fund in taxable account during retirement, yea or nay?
Replies: 33
Views: 2540

Re: Dividend fund in taxable account during retirement, yea or nay?

People often get confused when talking about dividends for mutual funds vs individual companies. The concepts between the two are very similar but it is easier to think about for mutual funds. For a mutual fund dividends accrue over time as the underlying companies pay their dividends to the mutual ...
by Nate79
Tue Apr 24, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Possibly but not definite house change in 4-5 years - plan for down payment?
Replies: 15
Views: 621

Re: Possibly but not definite house change in 4-5 years - plan for down payment?

I would just build up a really big taxable account in Total stock market/S&P500 index fund which can be used for anything, not just a house. Instead of buying bonds I would pay extra on the mortgage. The reason I say this is you are talking about a fairly long time period on a theoretical idea of ma...
by Nate79
Tue Apr 24, 2018 12:57 am
Forum: Personal Consumer Issues
Topic: Used car dealer-Freight charge
Replies: 21
Views: 1258

Re: Used car dealer-Freight charge

Out the door price is all that matters.
by Nate79
Tue Apr 24, 2018 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.
Replies: 28
Views: 2433

Re: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.

Which credit card? If AMEX, no I would not risk losing the bonus to the RAT team. If others in would only use it as last resort. Paying taxes with AMEX is perfectly fine. See "how to meet the minimum spend" : https://frequentmiler.boardingarea.com/2017/12/06/amex-fires-shot-war-gaming/ Even as that...
by Nate79
Tue Apr 24, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.
Replies: 28
Views: 2433

Re: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.

Which credit card? If AMEX, no I would not risk losing the bonus to the RAT team. If others in would only use it as last resort.
by Nate79
Mon Apr 23, 2018 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Beating Index?
Replies: 35
Views: 2093

Re: Managed Beating Index?

If you did not lump sum in 5 years ago you will need to look at when you made contributions and calculate return from those points.
by Nate79
Mon Apr 23, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Recent grad looking to safeguard his earnings and invest (MEX) I know this is a US-centric forum but hear me out.
Replies: 10
Views: 729

Re: Recent grad looking to safeguard his earnings and invest (MEX) I know this is a US-centric forum but hear me out.

You can look up the Mexico inflation rate from 2008 to 2018 here: https://www.statbureau.org/en/mexico/inflation-calculators?dateBack=2008-1-1&dateTo=2018-1-1&amount=1000 According to that source the change was ~50% total. Mexico inflation rate in 2017 was ~6-7% range but that was up from recent yea...
by Nate79
Mon Apr 23, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 728
Views: 58712

Re: To take or not to take delivery of Tesla 3

"Tesla, free supercharging, fast, 200+ miles, autopilot, panoramic glass roof, etc for $27.5k after tax credit." I have not priced it but I have a feeling that even a Toyota Corolla is going to push at $25K price. The above expectation seems to be little bit off. According to Trucar average price f...
by Nate79
Mon Apr 23, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Building a New Home (Talk me out of it!)
Replies: 59
Views: 3886

Re: Building a New Home (Talk me out of it!)

What is the range of valuation for homes in the immediate area around this new lot? Would you be overbuilding the area or still within the mid range of valuations? Without giving more information about your financial position it's hard to give any advice. It usually doesn't make sense to overbuild ...
by Nate79
Mon Apr 23, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Building a New Home (Talk me out of it!)
Replies: 59
Views: 3886

Re: Building a New Home (Talk me out of it!)

What is the range of valuation for homes in the immediate area around this new lot? Would you be overbuilding the area or still within the mid range of valuations?

Without giving more information about your financial position it's hard to give any advice.
by Nate79
Mon Apr 23, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 892

Re: Is this ESPP worthwhile?

What is the holding period requirement?

$1k minus taxes sounds like a waste of time to me unless the holding period allows you to sell immediately. If there is any holding period then I would pass. Too much risk for almost no reward.
by Nate79
Mon Apr 23, 2018 12:41 am
Forum: Personal Finance (Not Investing)
Topic: What type of loan? [until funds received from estate settlement]
Replies: 16
Views: 1165

Re: What type of loan?

I would be very careful to not dig yourself into a hole on the hope that money comes along within a certain amount of time considering the problems that you have already posted about the disagreements with the executor of the estate. Perhaps look more towards the income, expenses, etc side. Sell stu...
by Nate79
Mon Apr 23, 2018 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Spreading Bond Safety to Taxable [Portfolio help]
Replies: 12
Views: 903

Re: Spreading Bond Safety to Taxable [Portfolio help]

If your taxable account may be needed before tax deffered retirement accounts become available without penalty then I see nothing wrong with choosing an appropriate asset allocation for the taxable account that takes into account how much risk you can withstand. I myself hold 1 month expenses in bon...
by Nate79
Mon Apr 23, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Renting out home with Swimming pool
Replies: 10
Views: 2086

Re: Renting out home with Swimming pool

Why not just sell the house?
by Nate79
Sun Apr 22, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 20905

Re: Charles Schwab Checking + Brokerage Account

We have Schwab Checking + Brokerage. I never knew that the Brokerage account could have check writing and debit card similar to the checking account. Personally I prefer to keep two separate accounts. I transfer extra cash to the money fund SWVXX in the brokerage account
by Nate79
Sun Apr 22, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning for Health Care Costs
Replies: 22
Views: 2029

Re: Retirement Planning for Health Care Costs

There is no way at all you can project healthcare costs 25 years into the future. EVERYTHING can change by then and most things are likely to change.
by Nate79
Sun Apr 22, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: My taxable account is banged up. Need some help!
Replies: 20
Views: 2194

Re: My taxable account is banged up. Need some help!

Certainly there are tax consequences to holding bonds in taxable account but there are also many reasons to have bonds in your taxable account. Why did you put bonds in the taxable account in the first place?
by Nate79
Sun Apr 22, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 728
Views: 58712

Re: To take or not to take delivery of Tesla 3

Anybody still even thinking about buying the model 3 I really recommend they listen to the Autoline Afterhours podcast this week episode 417 where they had Munro associates on where they did their teardown analysis. Munro teardown is highly regarded and really gives details about the fit, finish an...
by Nate79
Sat Apr 21, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 728
Views: 58712

Re: To take or not to take delivery of Tesla 3

Anybody still even thinking about buying the model 3 I really recommend they listen to the Autoline Afterhours podcast this week episode 417 where they had Munro associates on where they did their teardown analysis. Munro teardown is highly regarded and really gives details about the fit, finish and...
by Nate79
Sat Apr 21, 2018 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment frequency - Monthly vs. Weekly
Replies: 15
Views: 1837

Re: Mortgage payment frequency - Monthly vs. Weekly

3.5% mortgage rate ~$275K principal oustanding, 25 years left on loan Only plan to be in this home for another 2-3 years. If you are going to sell the house in 2-3 years and your mortgage rate is 3.5% you would probably be better off investing instead of paying down your principal. If you are going...
by Nate79
Sat Apr 21, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 918

Re: How do you compare VNQ vs SP500?

I would suggest you start over from the very beginning and understand the basics of portfolio construction.

https://www.bogleheads.org/wiki/Getting_started
by Nate79
Fri Apr 20, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club Investing
Replies: 26
Views: 2162

Re: Lending Club Investing

Lending club is a train wreck. Avoid!
by Nate79
Fri Apr 20, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Pay for medical school or Roth conversion
Replies: 15
Views: 805

Re: Pay for medical school or backdoor Roth

Contributing to a Roth over the next 4 years will not even move the needle long term for your future as a doc. It really doesn't matter. What is more important is actually graduating - getting thru school. I would be much more worried about the debt load you are getting ready to take on.
by Nate79
Thu Apr 19, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Repayment with Appreciated Stock
Replies: 4
Views: 375

Re: Loan Repayment with Appreciated Stock

How is someone in a relatively high tax bracket, whatever that is, and have budget shortfalls?
by Nate79
Thu Apr 19, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: Master Bath remodel price?
Replies: 27
Views: 2454

Re: Master Bath remodel price?

If you can't pay cash you can't afford it. At a minimum this will make you watch every penny closely vs spending the banks loan money. So pay cash or don't do it. We just did a very nice bathroom remodel, little smaller in square ft for about $22k. We really watched the cost of the materials in part...
by Nate79
Thu Apr 19, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: Paying off mortgage vs investing
Replies: 17
Views: 2005

Re: Paying off mortgage vs investing

You have a wonderful income so I don't really understand why this is an issue. You should be able to pay off the house in a couple of years and only saving 100k per year is really really low. How are you spending so much that you can only save $100k/y? That's not even 15%.
by Nate79
Thu Apr 19, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3477

Re: Good Dad, Bad Dad [pay for son's driving expenses (or not)]

I would buy him a used car that is safe and reliable but cheap, easily can be done for $5k. I see nothing wrong with him working during college. 10hr per week is easy and good for him. No need for minimum wage job, get entrepreneurial and do something like walk dogs, etc. Pays much more. Work summer...
by Nate79
Thu Apr 19, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2252

Re: Effects of 20% Down payment over time, thoughts?

Can you get a non-FHA with 3.5%? If not, PMI is now for the life of the loan on FHA, I believe. Did you add that in? The big idea behind 20% down, I think, is that you avoid PMI and your dollars build equity quicker. So even if you move before the lines cross, assuming they are correct, you are sti...
by Nate79
Thu Apr 19, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2252

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...