Search found 158 matches

by phantom0308
Mon Jun 17, 2019 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70057

Re: Why are you NOT buying rental properties?

LawProf wrote:
Sun Jun 16, 2019 5:53 pm
Leverage works, until it doesn't.
Working against you is still working. 😈
by phantom0308
Mon Jun 03, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: save on interest by paying down mortgage principal
Replies: 70
Views: 6922

Re: save on interest by paying down mortgage principal

Two words: opportunity cost Two words that probably would not have been uttered if we were coming off a decade-long bear market rather than a decade-long bull market. Paying off mortgage is a bird in the hand. Investing is always a gamble. I don't think paying off debt (unless the interest rate is ...
by phantom0308
Sun Apr 28, 2019 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: save on interest by paying down mortgage principal
Replies: 70
Views: 6922

Re: save on interest by paying down mortgage principal

The other day I paid a lump sum towards my mortgage principal ($10,000). I happen to have a pdf copy of my mortgage amortization schedule, so I added up all the interest payments I skipped over to get to my new principal amount on the loan, and it added up to just over $8000! To me that looks like ...
by phantom0308
Thu Feb 21, 2019 11:59 pm
Forum: Investing - Theory, News & General
Topic: REIT's and Rick Ferri
Replies: 60
Views: 10140

Re: REIT's and Rick Ferri

Commercial real estate is about 13% of GDP but only represents about 3% of the stock market. Investing an extra 10% in property REITs increased the allocation in commercial real estate closer to its weight in the real economy. Some people say the correlation between REITs and the rest of the market...
by phantom0308
Wed Feb 20, 2019 11:42 pm
Forum: Investing - Theory, News & General
Topic: REIT's and Rick Ferri
Replies: 60
Views: 10140

Re: REIT's and Rick Ferri

Commercial real estate is about 13% of GDP but only represents about 3% of the stock market. Investing an extra 10% in property REITs increased the allocation in commercial real estate closer to its weight in the real economy. Some people say the correlation between REITs and the rest of the market...
by phantom0308
Wed Feb 20, 2019 11:32 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 13929

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

Past performance is not an indicator to future results - but how far do you take this? US vs INTL https://i.imgur.com/sXZg0J1.png I think holding international stocks is dangerous when one wants to retire spending US dollars. Why add forex risk to the equation? Currency volatility accounts for only...
by phantom0308
Sun Feb 10, 2019 11:39 pm
Forum: Personal Investments
Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
Replies: 84
Views: 5915

Re: Whats better to hold, Roth dollars or Tax-deferred dollars ?

Very easy to have both. That way no matter which one ends up better you have some of the winner. Diversify assets Diversify account types Diversify tax uncertainty That said, I’m a big believer in deferring taxes as long as possible. My thinking on this has evolved over the last few years (thanks i...
by phantom0308
Sun Feb 10, 2019 11:02 pm
Forum: Personal Consumer Issues
Topic: Wasting Electricity for Fun and Profit
Replies: 58
Views: 5638

Re: Consuming Electricity for Fun and Profit

So much for the environment. A bit of good news. Texas is the number one or number two state for wind power. By capacity installed and kwhr generated although I'd have to search for latest numbers (By percentage CA would be higher also some small states). On the fossil fuel side it's much more gas ...
by phantom0308
Sat Feb 09, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: Wasting Electricity for Fun and Profit
Replies: 58
Views: 5638

Re: Consuming Electricity for Fun and Profit

So much for the environment. A bit of good news. Texas is the number one or number two state for wind power. By capacity installed and kwhr generated although I'd have to search for latest numbers (By percentage CA would be higher also some small states). On the fossil fuel side it's much more gas ...
by phantom0308
Tue Feb 05, 2019 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 114
Views: 16793

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

I think I’m going to have to end up paying a penalty. It looks like I’m going to be just above the increased 15% underpayment threshold. You may want to know that the penalty normally 2.66% of the amount you are over the threshold. So if you are just above the threshold the penalty will be small. T...
by phantom0308
Sun Feb 03, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 114
Views: 16793

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

I think I’m going to have to end up paying a penalty. It looks like I’m going to be just above the increased 15% underpayment threshold. I work at a megacorp and used the same withholding as the year before. Halfway through the year I got married and adjusted according to the forms. We make the same...
by phantom0308
Thu Jan 31, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: Really need help with new computer purchase!
Replies: 89
Views: 4315

Re: Really need help with new computer purchase!

To: Muratroyd Does it matter if it’s SSD or standard drive? I’m told SSD is a must for browsing, etc. The i3 I was considering is standard drive. SSD is a type of hard drive. It’s the hardware where files are stored. The main benefit is that your computer will start faster, files will move faster, ...
by phantom0308
Thu Jan 31, 2019 8:46 pm
Forum: Personal Consumer Issues
Topic: Really need help with new computer purchase!
Replies: 89
Views: 4315

Re: Really need help with new computer purchase!

If MS office is all you require, just get a cheap laptop. There’s no good reason to get a desktop. You can get a cheap laptop for $350 whereas a cheap desktop will cost the same but you’ll need to buy peripherals like a monitor, mouse, etc. Laptops are also portable so you can use them anywhere in t...
by phantom0308
Thu Jan 31, 2019 8:39 pm
Forum: Personal Consumer Issues
Topic: Really need help with new computer purchase!
Replies: 89
Views: 4315

Re: Really need help with new computer purchase!

summerof42 wrote:
Thu Jan 31, 2019 6:49 pm
Windows Vista 7.
That’s not a thing. Vista was the Windows OS before Windows 7 came out.
by phantom0308
Thu Jan 31, 2019 1:37 am
Forum: Personal Consumer Issues
Topic: Best weather sites
Replies: 28
Views: 2310

Re: Best weather sites

Weather underground used to be a great site/app. They got bought up by IBM and they’ve been going downhill ever since. The app is slow to load and the watch app is doesn’t refresh. I’m also in the market for a weather website/app.
by phantom0308
Wed Jan 30, 2019 11:02 pm
Forum: Personal Investments
Topic: Best way to look at Performance Charts
Replies: 6
Views: 263

Re: Best way to look at Performance Charts

The less cheeky response requires more information. For what purpose are you looking at performance? What decisions are you trying to make. This will help determine what charts would be the most useful.
by phantom0308
Wed Jan 30, 2019 11:01 pm
Forum: Personal Investments
Topic: Best way to look at Performance Charts
Replies: 6
Views: 263

Re: Best way to look at Performance Charts

With your eyes closed

OR

Once a year to determine whether you need to rebalance
by phantom0308
Mon Jan 28, 2019 11:28 pm
Forum: Personal Consumer Issues
Topic: Need help with computer crash!
Replies: 90
Views: 4552

Re: Need help with computer crash!

I had a noisy "crash" a couple of computers ago. The screen went blank. It turned out that it was the video card. The fan died noisily ( a loud screech) and then the video card overheated and died. I replace the video card and it started up normally. I don't know if they still have fans on video ca...
by phantom0308
Sat Jan 26, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 5112

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

If your computer is taking so long to startup that it's becoming a problem look into an SSD if you don't have one. Also look into what programs load on startup if using Windows. This is never really an issue with Ubuntu Linux.
by phantom0308
Sat Jan 26, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 5112

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

I sometimes leave it on for a long time if I think I'll be using it again soon, but don't. It's not a big deal as long as your computer is set to go to sleep after a certain amount of time. In sleep mode, a computer uses an incredibly low amount of power. It's only a few Watts which is around $10 a ...
by phantom0308
Wed Jan 23, 2019 11:10 pm
Forum: Personal Investments
Topic: Best way to hold your emergency fund?
Replies: 19
Views: 2326

Re: Best way to hold your emergency fund?

In a warm loving embrace that way you can count on it to be there for you in your time of greatest need.
by phantom0308
Wed Jan 23, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: Anyone use Teamviewer (remote access) software?
Replies: 20
Views: 1042

Re: Anyone use Teamviewer (remote access) software?

I used it at work once I think when working with a supplier. I think it was as simple as downloading and clicking install, but I might be misremembering. I’d go on YouTube and see if you can find a video on how to install teamviewer. Here’s a website I use to see comparable software to what I’m usin...
by phantom0308
Tue Jan 22, 2019 2:16 am
Forum: Personal Investments
Topic: Saving for 1-2 years rather than for a lifetime
Replies: 75
Views: 6721

Re: Saving for 1-2 years rather than for a lifetime

Of course, I'm a Gen Xer who favors delayed gratification and I know millennials feel differently. Millennials don’t all feel any one way about anything. They’re the largest and most racially diverse generation so far. The only really defining feature is their age but it’s not like culture in the U...
by phantom0308
Mon Jan 21, 2019 2:30 am
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3665

Re: Son moving to Denver from California

He can ask his new co-workers. On average they'll be about as knowledgeable about winter tires as they are about index funds. :happy The feedback loop for being able to drive is shorter than being able to invest for the long term, so I'd guess they'll be more knowledgeable. If the average investor ...
by phantom0308
Mon Jan 21, 2019 2:16 am
Forum: Investing - Theory, News & General
Topic: Dow Jones Index has beaten cap weighting
Replies: 8
Views: 951

Re: Dow Jones Index has beaten cap weighting

Yes, it is possible for a low number of diversified companies to beat the S&P 500. Example: MNST, CTSH, CELG, AAPL, TSCO, BLK, HFC. You'll note that these each cover a different sector. My preferred type of weighting is alpanumeric. I use the ticker symbol to compute a number where A = 1, Z = 26. So...
by phantom0308
Mon Jan 21, 2019 1:43 am
Forum: Investing - Theory, News & General
Topic: The NY Times calls us a cult but in a good way
Replies: 62
Views: 8004

Re: The NY Times calls us a cult but in a good way

Only a cult would be discussing whether they were labeled a cult. The classic I know you are but what am I :P Actually I think exactly the reverse. If a group discusses whether it is a cult, it almost certainly is not a cult. There's no absolute certainty of being right, instead a constant testing ...
by phantom0308
Mon Jan 21, 2019 1:20 am
Forum: Non-US Investing
Topic: best way to cash a Aussie $ check
Replies: 11
Views: 825

Re: best way to cash a Aussie $ check

They're called dollarydoos, get it right :P
https://www.change.org/p/change-the-aus ... ollarydoos
by phantom0308
Sun Jan 20, 2019 2:26 am
Forum: Personal Consumer Issues
Topic: NY Times $1 per week digital
Replies: 41
Views: 6023

Re: NY Times $1 per week digital

Geno wrote:
Sat Jan 19, 2019 6:44 pm
The Dead Fish Wrapper
ITT posters signaling how much they dislike something on sale.
by phantom0308
Sun Jan 20, 2019 2:21 am
Forum: Investing - Theory, News & General
Topic: The NY Times calls us a cult but in a good way
Replies: 62
Views: 8004

Re: The NY Times calls us a cult but in a good way

livesoft wrote:
Sat Jan 19, 2019 12:04 pm
Only a cult would be discussing whether they were labeled a cult.
The classic I know you are but what am I :P
by phantom0308
Sun Jan 20, 2019 2:19 am
Forum: Investing - Theory, News & General
Topic: The NY Times calls us a cult but in a good way
Replies: 62
Views: 8004

Re: The NY Times calls us a cult but in a good way

One could make a strong argument that readers of the NY Times are themselves a cult. Sounds like a hard argument to make. Cults venerate a certain figure or idea. Boglheads at least have Jack’s name in the website and a loose set of beliefs. Nytimes is just a newspaper and is far too large to have ...
by phantom0308
Sun Jan 20, 2019 2:05 am
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 116
Views: 15915

Re: done with Gmail

Did you save the recovery codes when you set up 2FA? This is the whole point of them. If your 2FA fails for some reason then you have a way to recover. It’s preferable that google not be able to unlock gmail accounts because social engineering would be rampant, and the system would be less secure. L...
by phantom0308
Sun Jan 20, 2019 1:50 am
Forum: Investing - Theory, News & General
Topic: So when do you sell?
Replies: 27
Views: 2831

Re: So when do you sell?

If you don't need the money, do you just hold onto your investments for years until you die then pass them on to your heirs if you have them? Assuming we continue to not need or want to spend the money, I am thinking that we will begin distributing some to our children when we have RMDs and/or when...
by phantom0308
Sun Jan 20, 2019 1:40 am
Forum: Personal Consumer Issues
Topic: NY Times $1 per week digital
Replies: 41
Views: 6023

Re: NY Times $1 per week digital

You can get it (and wsj) free with Google One (if you pay for cloud storage for example) for 6 months. Might keep nytimes, haven’t been impressed with wsj so far.
by phantom0308
Fri Jan 18, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 116
Views: 14201

Re: Gas station prices and quality

I get the cheapest on my way to work. XKCD had a comic about saving money on gas. https://xkcd.com/951/ If you drive a typical car more than a mile out of your way for each penny you save on the per-gallon price, it doesn't matter how worthless your time is to you--the gas to get you there and back...
by phantom0308
Thu Jan 17, 2019 11:20 pm
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 116
Views: 14201

Re: Gas station prices and quality

I get the cheapest on my way to work. XKCD had a comic about saving money on gas. https://xkcd.com/951/ If you drive a typical car more than a mile out of your way for each penny you save on the per-gallon price, it doesn't matter how worthless your time is to you--the gas to get you there and back ...
by phantom0308
Thu Jan 17, 2019 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11813

Re: Have I Now Become Out of Touch Financially? Aging question...

It seems like you're a bit out of touch. $4 for a big mac is reasonable. People I knew in Peoria, IL before I moved away were buying 60k+ trucks. Housing is expensive in California, but the weather has been great every time I've visited. It's not difficult to find the cost of living by city and comp...
by phantom0308
Thu Jan 17, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 158
Views: 17553

Re: Who Will Speak for US?

Companies like Fidelity and Schwab have determined that they can gain customers and revenue from offering low cost index funds and ETFs similar to Vanguard. As long as the demand for those products exists and they are profitable enough to sustain the business, I don't see the products disappearing a...
by phantom0308
Thu Jan 17, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Audio book options
Replies: 28
Views: 1321

Re: Audio book options

Audible is a giant in the audiobook space. A membership will save you a bunch over buying the books individually. Many libraries have a service called Overdrive that allows you to borrow audio books. Librivox has free audiobooks, but the selection isn’t very good. Another alternative is podcasts. Th...
by phantom0308
Tue Jan 15, 2019 9:12 pm
Forum: Personal Consumer Issues
Topic: In the market for a new dryer
Replies: 20
Views: 1499

Re: In the market for a new dryer

We bought a new washer and dryer for our new townhouse recently. We got the LG recommended by Wirecutter and Consumer Reports from Costco and upgraded to exec membership for the year. Delivery and install was great. They’re both good so far. It’s not really enough time to say anything about reliabil...
by phantom0308
Tue Jan 15, 2019 12:33 am
Forum: Personal Investments
Topic: Portfolio Question - Vanguard or Blackrock??
Replies: 16
Views: 1168

Re: Portfolio Question - Vanguard or Blackrock??

I have found that Blackrock has very good low cost index funds. My 401k is managed by Fidelity and they are the best option available. For Roth and taxable I use Vanguard and like what they offer. Do you also have the bond index fund and international funds that Blackrock offers? It would be a bette...
by phantom0308
Mon Jan 14, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 70
Views: 5594

Re: How do I stop jeans from ripping in the thighs?

It’s not a weight problem. My jeans have the same thing and I have a normal BMI. It’s called crotch blowout. Getting larger jeans could make it worse. It usually happens because of jeans hanging a bit low and being pulled apart (front -back when in stride). More material makes the jeans pull apart f...
by phantom0308
Sat Jan 12, 2019 12:31 am
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 17338

Re: Biggest Investment Mistake

I’d read about passive index investing and bogleheads in college and migrated here after some time Phamtom, I wish I would have known enough to make an investment mistake in college to be able to find Bogleheads at that age. But I was clueless until 35 and that was costly. :oops: Cheers, Yeah, I go...
by phantom0308
Sat Jan 12, 2019 12:19 am
Forum: Investing - Theory, News & General
Topic: What are the disadvantages of taking all risk on equity side?
Replies: 63
Views: 3942

Re: What are the disadvantages of taking all risk on equity side?

Note: I think putting all your risk in equities makes sense. One reason it could be bad is that you’ll likely hear about it before other investments which could cause you to deviate from your plan. You’re more likely to hear about a crash in S&P than a downturn in REITs, high yield bonds, or small v...
by phantom0308
Fri Jan 11, 2019 11:55 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 13929

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

I think holding international stocks is dangerous when one wants to retire spending US dollars. Why add forex risk to the equation? Currency volatility accounts for only a small part of international equity volatility. Vanguard has a paper on hedging and its effects on ones portfolio. https://advis...
by phantom0308
Fri Jan 11, 2019 11:11 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 6187

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

When we were young, 4 kids, we managed with a Chevy Bel Air. No seat belts, metal all around. One of us could stand on the hump on the back floor and the younger ones could lay across the windowsill ledge behind the back seat. Oh, yeah, the dog too. https://media.makeameme.org/created/safe.jpg Exac...
by phantom0308
Fri Jan 11, 2019 11:02 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 17338

Re: Biggest Investment Mistake

When I started working at my first job out of college I didn’t have any friends in my new town. I was depressed and read lots of conspiracy theory websites. I became convinced hyperinflation was imminent. I bought physical silver just past the peak in 2013 and saw the price drop by 50%. Luckily I di...
by phantom0308
Fri Jan 11, 2019 10:09 am
Forum: Personal Investments
Topic: VTIAX or VTSAX for taxable
Replies: 10
Views: 1074

Re: VTIAX or VTSAX for taxable

Both. Read up on tax efficiency of fund placement here
https://www.bogleheads.org/wiki/Tax-eff ... _placement
by phantom0308
Fri Jan 11, 2019 12:41 am
Forum: Personal Consumer Issues
Topic: Cleaning Car Battery Terminals
Replies: 26
Views: 1646

Re: Cleaning Car Battery Terminals

For acidic batteries like car batteries you should use a base like baking soda. Mix it with warm water so it dissolves faster. For alkaline batteries like Energizer batteries you should use an acid. White Vinegar should work slightly better than Coke. It has a similar pH, but a higher concentration ...
by phantom0308
Fri Jan 11, 2019 12:13 am
Forum: Investing - Theory, News & General
Topic: Formula/tool to figure out benefits of max'ing 401(k) based on month
Replies: 3
Views: 415

Re: Formula/tool to figure out benefits of max'ing 401(k) based on month

I don’t think this is market timing. It’s the traditional DCA vs lump sum investing question. I don’t see an easy way to compare month to month like you’re suggesting. You can compare monthly contribution with annual contributions on portfolio visualizer. If you want a rough idea, then you can use t...
by phantom0308
Thu Jan 10, 2019 11:18 pm
Forum: Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 20
Views: 3037

Re: CD at 2.70 APR - 1, 2 or 3 years?

It depends on the slope of interest rate changes in the next 3 years. The reason interest rates are flat is due to reinvestment risk which is the risk that you won’t be able to get the same interest rate if you invest in a short duration bond. I think the goal if you’re investing in individual CDs a...