Search found 1473 matches

by onourway
Thu Jan 17, 2019 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Good idea? Rent out current home after paid off
Replies: 20
Views: 919

Re: Good idea? Rent out current home after paid off

Its always funny that people have these "what ifs" with real estate but not with the market.. They dont?? From my experience no. Not that Im against market investing as its my primary source of investing, but you never hear.. "what if there is a war" "What if trump does something erratic" "What if ...
by onourway
Thu Jan 17, 2019 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are you NOT buying rental properties?

tomtoms wrote:
Thu Jan 17, 2019 10:34 am
Obviously, real estate investment is not for everyone. If it was then the return wouldn’t be so good.

I want to hear from those who tried but failed. What went wrong?
Did you not read the past 4 pages of responses filled with stories of what has gone wrong for people?
by onourway
Thu Jan 17, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3659

Re: Fun with Amazon

I've had wildly different customer service experiences with Amazon as of late. A few months ago we received a package missing an item worth about $10. I talked to someone overseas who spoke clear English but literally could not understand the problem I was having. He ended up crediting me for one of...
by onourway
Thu Jan 17, 2019 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Good idea? Rent out current home after paid off
Replies: 20
Views: 919

Re: Good idea? Rent out current home after paid off

This thread is right next to yours today: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=269901 No easy answer. Ah, thanks - probably some good info in that thread. I'll read it. One thing I noticed is that the OP is using leverage to buy rentals. My plan seems more modest and relatively risk...
by onourway
Thu Jan 17, 2019 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

Just recently my coworker told me he made $40 k in overtime last year. I made that much from just one property last year and I don’t have to pay 50% tax! I made it to the bottom of the first page and can’t believe no one addressed this. To me this is more eye-opening the fact that someone believes ...
by onourway
Wed Jan 16, 2019 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

Yellow house said he hasn’t had any problems in 24 months; not that he/she has been the owner for 24 months. Also, your 9.5% return appears to be calculated from present value. Likely YH paid less, plus you aren’t considering leverage. True, but if so that’s even more disingenuous. There are plenty...
by onourway
Wed Jan 16, 2019 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

Yellow house said he hasn’t had any problems in 24 months; not that he/she has been the owner for 24 months. Also, your 9.5% return appears to be calculated from present value. Likely YH paid less, plus you aren’t considering leverage. True, but if so that’s even more disingenuous. There are plenty...
by onourway
Wed Jan 16, 2019 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

I've got two rentals and I've put in exactly 0 hours doing anything to them in the last 24 months. One rental is valued at a little over 100k and rents for $900/mo, the other is worth 175k and rents for $1300/mo. I owe zilch on these properties and I'm very happy with their performances. I read man...
by onourway
Wed Jan 16, 2019 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

I get it. I have been there. But now, those “reasons” sound more like excuses to me (no disrespect). Here are my answers: Trashy tenants: Buy in a good neighborhood. Trashy people can’t afford to live in a good neighborhood. A good property manager should be able to screen them out (credit history,...
by onourway
Wed Jan 16, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: New to forum, first post: Bond Fund Question
Replies: 7
Views: 558

Re: New to forum, first post: Bond Fund Question

Is this what you mean? A fund is ultimate liquidity, you can sell as many shares as you want to raise any amount of cash with a few clicks. But the fund's value may have dropped due to a rise in interest rates. I think of that as a loss of liquidity since you are forced to sell at a time when you w...
by onourway
Wed Jan 16, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: HELP and advice
Replies: 11
Views: 662

Re: HELP and advice

In that case, assuming your job is reasonably secure, I think you should do what you want here. Buying a house at this price at your income is not going to be a major stretch in any direction. The larger question should be whether you want the lifestyle and associated costs (monetary and on your tim...
by onourway
Wed Jan 16, 2019 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11024

Re: Why are your NOT buying rental properties?

When I read between the lines on the subject of small-scale real estate investing, I'm pretty confident I can generally pick out the people speaking from lengthy experience offering a balanced point of view as opposed to those who are either pushing something or simply so new to RE investing that th...
by onourway
Wed Jan 16, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: HELP and advice
Replies: 11
Views: 662

Re: HELP and advice

If you want the house, then dip into your taxable savings. That's what it's there for, no? I'm also not following how cash flow is an issue on $400k income, $1100 rent, and supposedly no debt. Feels like there must be more to this story. And as great as paying off $244k of debt in 3 years is, I'd ex...
by onourway
Wed Jan 16, 2019 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: stuck forever in alternative funds after tax loss harvesting?
Replies: 12
Views: 620

Re: stuck forever in alternative funds after tax loss harvesting?

Pay the tax.

In the future, only TLH into funds that you are content to own forever.
by onourway
Wed Jan 16, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: How do Money Market Fund Yields and Expense Ratios Work?
Replies: 9
Views: 627

Re: How do Money Market Fund Yields and Expense Ratios Work?

Note that VMFXX compares to SNVXX in terms of what the fund invests in 'under the hood' (and therefore is a measure of risk).

SWVXX is comparable to VMMXX
by onourway
Wed Jan 16, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: New to forum, first post: Bond Fund Question
Replies: 7
Views: 558

Re: New to forum, first post: Bond Fund Question

Is this what you mean? A fund is ultimate liquidity, you can sell as many shares as you want to raise any amount of cash with a few clicks. But the fund's value may have dropped due to a rise in interest rates. I think of that as a loss of liquidity since you are forced to sell at a time when you w...
by onourway
Wed Jan 16, 2019 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Bonds vs. CDs
Replies: 31
Views: 1853

Re: Bonds vs. CDs

That being said, you can get a 1 year CD yielding 2.85% today, whereas Vanguard's total bond market fund VBMFX is yielding 2.67% right now. You're taking on greater volatility with the bond fund for no additional expected return. You appear to have the wrong numbers here as well. Total Bond Market'...
by onourway
Tue Jan 15, 2019 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Change my mind - Lease > Buy New Car
Replies: 23
Views: 1928

Re: Change my mind - Lease > Buy New Car

As noted, the sales price should be the same whether leasing or buying other than some possible small differences in incentives. Your information is incomplete or incorrect. That is not true in all instances, sometimes the lease incentives are much better I have leased before myself when that was t...
by onourway
Tue Jan 15, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best Budgeting App/Program
Replies: 7
Views: 402

Re: Best Budgeting App/Program

You will need an alternative for tracking investments though. I like my own Excel spreadsheet for this purpose. Have you tried any alternatives that include investment tracking? Also would you be able to share a template for your spreadsheet? I have used Personal Capital as well. Their fancy graphs...
by onourway
Tue Jan 15, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Best Budgeting App/Program
Replies: 7
Views: 402

Re: Best Budgeting App/Program

YNAB.

You will need an alternative for tracking investments though. I like my own Excel spreadsheet for this purpose.
by onourway
Tue Jan 15, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Which iPad?
Replies: 19
Views: 1045

Re: Which iPad?

Regular iPad 6th gen is fine. Look at the 10.5" iPad Pro if having a physical keyboard that doesn't need charging is appealing to you, but it will come at a pretty steep price. (and I say this as someone who sprung for the new 11" Pro.)
by onourway
Tue Jan 15, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Change my mind - Lease > Buy New Car
Replies: 23
Views: 1928

Re: Change my mind - Lease > Buy New Car

As noted, the sales price should be the same whether leasing or buying other than some possible small differences in incentives. Your information is incomplete or incorrect.
by onourway
Sat Jan 12, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2609

Re: Schwab SWSXX going away

I bought $10,000 of Schwab Value Advantage MM (SWVXX) in August based on a similar discussion. I must say the returns are under-whelming. A short term bond fund might be much better. Dividends paid: Sep $17.14 Oct $15.12 Nov $17.50 Dec $27.98 SWVXX is a money market fund with a yield of about 2.3%....
by onourway
Sat Jan 12, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10101

Re: Millionaire by 40 and How you Did it?

And here is my story; this is another version of some of the stories above. I was contributing to my 401 plan and an IRA but I did not think much about saving and investing until I read The Wealthy Barber when I was 31 (1991). I completed my "financial education" reading Bogle's Common Sense on Mut...
by onourway
Fri Jan 11, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10101

Re: Millionaire by 40 and How you Did it?

Good engineering job started at age 24. Said 'yes' to nearly every project offered me until kids were born. Saved 10-15%. Employer had above-average match. Bought a very inexpensive house. Didn't make any major mistakes.
by onourway
Fri Jan 11, 2019 10:12 am
Forum: Investing - Help with Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2139

Re: American Funds (No Loads) vs Vanguard Index Funds

As far as managed funds go, American Funds are decent, if you can avoid the front-load fees and get a share class with a reasonable fees. That said, there is no way I would pay EJ or any other advisor an additional 1.35% to get them. Over the very long-term, you should hope that your American Funds ...
by onourway
Thu Jan 10, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: Newspapers / News Subscriptions
Replies: 19
Views: 638

Re: Newspapers / News Subscriptions

Academic digital subscription to the NYT at less than $100/yr.
Academic free subscription to the WSJ digital edition
The Economist digital edition free from my local library

Reddit for everything else the Internet has to offer.

That’s more than I have time for.
by onourway
Thu Jan 10, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 5495

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

We have 3 kids in booster seats and while we have a 3-row SUV we nearly never use the 3rd row. My main vehicle is a wagon. The main issue is if you ever want to bring anyone else along. Personal choice there. We rarely do, and could typically find an alternative if so. The other big issue is that yo...
by onourway
Thu Jan 10, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Good bags/containers for packing snacks?
Replies: 17
Views: 942

Re: Good bags/containers for packing snacks?

We pack 3 kids lunches/snacks every day in https://www.yumboxlunch.com/ Life.Changing. We now have 3 containers per day to wash rather than the 9-12 when we used individual containers. I've had some of the Sistema products as well, still use some of them for myself. They are nice, but I've not found...
by onourway
Wed Jan 09, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do you manage credit card use with monthly budget
Replies: 37
Views: 2304

Re: How do you manage credit card use with monthly budget

I don’t find PC to be terribly useful for this kind of tracking. I much prefer You Need a Budget which will make tracking this automatic.
by onourway
Wed Jan 09, 2019 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10520

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

As an update, we did sit down and were able to reach an agreement for me to reduce/delay my retirement savings in order to save more for a house in the short-term. Since my 2019 ROTH is maxed, I won't make another contribution until April 2021 (when I will put my 2020 Contribution in) and by then w...
by onourway
Wed Jan 09, 2019 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10520

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

I don't know about you, but I would not call a wedding, a purchase of a luxury vehicle, a boat or a luxury vacation a "rainy day". Delaying an expense because one's bi-monthly salary is smaller than the expense is not saving and nobody defines it as such. At the end of the day you still have no mon...
by onourway
Wed Jan 09, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Good quality wireless headphones
Replies: 11
Views: 1057

Re: Good quality wireless headphones

I have not listened to most of the headphones on your list, but did purchase the Sony 1000XM3 about a month and a half ago and have been listening to it regularly since then. I have an extensive collection of high-end headphones and associated gear that runs well into the 5 figures and have been lis...
by onourway
Tue Jan 08, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab AMEX Platinum Card
Replies: 14
Views: 1051

Re: Schwab AMEX Platinum Card

Did you compare it to Chase Sapphire Reserve? The only extra benefit I can see with the AMEX Platinum is access to Gold Centurion lounges. Platinum: $550 - $200 (preferred airline credit) - $200 Uber monthly credit = $150 cost. CSR: $450 - $300 (any airline credit) = $150 cost. So it's much easier ...
by onourway
Tue Jan 08, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab AMEX Platinum Card
Replies: 14
Views: 1051

Re: Schwab AMEX Platinum Card

I have it, only because I can funnel multiple international business class tickets through it each year, which I then redeem for an effective 6.25% cash back. I don't find the Hilton or Marriott Gold perks to be all that useful - I certainly don't assign them any value. Perhaps it gets me a slightly...
by onourway
Tue Jan 08, 2019 12:17 pm
Forum: Personal Consumer Issues
Topic: I bought a new iPad on sale...should I have?
Replies: 38
Views: 2533

Re: I bought a new iPad on sale...should I have?

You should just try it out for yourself and find out. Some people don't really care for them in the long run. An iPad has been my primary personal device since the first model was released. It gets far more use than my phone. It's a digital notebook, ebook, newpaper/magazine reader that also does em...
by onourway
Tue Jan 08, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Balsam Hill - Defective Christmas Tree
Replies: 66
Views: 2760

Re: Balsam Hill - Defective Christmas Tree

southerndoc wrote:
Tue Jan 08, 2019 11:58 am
We have learned a lesson though. Never purchase a $1,500 tree from Balsam Hill.
There are a lot of lessons in this experience but I cannot fathom how this is one of them.
by onourway
Tue Jan 08, 2019 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10520

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

So here is my take on this, just for laughs. From where I sit, it looks like she has all of her ducks in a row and has her half of the money for your (as in both of you and not her ) wedding, and she has the means for her half of the house both of you plan to buy. You have $18,000 in an emergency f...
by onourway
Tue Jan 08, 2019 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10520

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

So here is my take on this, just for laughs. From where I sit, it looks like she has all of her ducks in a row and has her half of the money for your (as in both of you and not her ) wedding, and she has the means for her half of the house both of you plan to buy. You have $18,000 in an emergency f...
by onourway
Tue Jan 08, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: Balsam Hill - Defective Christmas Tree
Replies: 66
Views: 2760

Re: Balsam Hill - Defective Christmas Tree

Yes, I've seen that page. It makes no reference to restrictions of residential freight delivery. Any company that uses freight delivery will contract out to multiple carriers who will each have their own policies and individual drivers who may be willing to make different accommodations. Their stat...
by onourway
Tue Jan 08, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: Balsam Hill - Defective Christmas Tree
Replies: 66
Views: 2760

Re: Balsam Hill - Defective Christmas Tree

Please provide me with a link that shows limits of freight delivery? If I have missed it, then I will admit my mistake. https://www.balsamhill.com/help-shipping-information#freightshipping Certain items that are particularly large or heavy are designated as oversize, and require special freight shi...
by onourway
Tue Jan 08, 2019 11:07 am
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8366

Re: More Nanny State From Vanguard

Why do you care what others do in managing their investments if it doesn't impact you? If difficult-to-understand investments that are potentially damaging to investors were to become widely used, it could have an impact on the larger economy. People didn't care about sub-prime mortgages either, un...
by onourway
Mon Jan 07, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: Balsam Hill - Defective Christmas Tree
Replies: 66
Views: 2760

Re: Balsam Hill - Defective Christmas Tree

Have you simply asked for a refund? If you have and they have refused for whatever reason, you simply file a charge-back with your credit card company and leave a bad review if you are so inclined. Certainly not worth getting in a huff over. (It does feel like there is probably more to the story if ...
by onourway
Mon Jan 07, 2019 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: In Need of (Real) Financial Advice
Replies: 14
Views: 1528

Re: In Need of (Real) Financial Advice

Here’s my issue: I do not end up with $2300 extra in my bank account each month. I also don’t necessarily blow the money either. The reality is that I don’t even pay attention to it because I’ve just been focusing on living a comfortable stress-free (financial) life. I grew up poor so it’s not like...
by onourway
Mon Jan 07, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Why Total Bond Market over CDs?
Replies: 22
Views: 2566

Re: Why Total Bond Market over CDs?

There are threads on this very topic at least weekly. I would suggest you search the archives and read the regular arguments for both sides. There is a good case to be made for both sides. My short take. Bond funds automatically reap the benefit of increasing rates. No. They don't. The NAV of the b...
by onourway
Mon Jan 07, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tech budget to fix issues
Replies: 26
Views: 1633

Re: Vanguard Tech budget to fix issues

Personally I find Fidelity’s site considerably more difficult to use than Vanguard’s. Money spent isn’t always a good indicator of quality.
by onourway
Mon Jan 07, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Buying dress shoes from overseas
Replies: 9
Views: 393

Re: Buying dress shoes from overseas

I would never buy shoes that were expensive/impossible to return unless I was buying a model that I knew for certain was going to fit (ie. a replacement for a shoe I already own). Pay the premium to buy something you can try on. There are certainly other people who could refurbish your existing pair...
by onourway
Mon Jan 07, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Child # 3 - seeking advice from older members
Replies: 87
Views: 6503

Re: Child # 3 - seeking advise from older members

As others have said, the jump from 2 to 3 is hard, especially if they are relatively close in age. You are out-numbered and can no longer give undivided attention to everyone. We will often send one off to the grandparents house, and it's astonishing how much calmer things are when we are down to 2....
by onourway
Mon Jan 07, 2019 8:50 am
Forum: Investing - Theory, News & General
Topic: Why Total Bond Market over CDs?
Replies: 22
Views: 2566

Re: Why Total Bond Market over CDs?

There are threads on this very topic at least weekly. I would suggest you search the archives and read the regular arguments for both sides. There is a good case to be made for both sides. My short take. CD's tie you in to a fixed return. If rates rise, you must pay a penalty to get out and expend t...