Search found 3012 matches

by aristotelian
Tue Nov 21, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: My parents just received a large inheritance and I need to help them keep it
Replies: 10
Views: 899

Re: My parents just received a large inheritance and I need to help them keep it

I would read that condo contract carefully and see if there is any way out of it. Do they intend for the condo to be their primary residence? If not, that is 1/4 of their inheritance on a luxury item they cannot afford. You could purchase a house for them to live in now, but that will likely deplete...
by aristotelian
Tue Nov 21, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 87
Views: 3439

Re: Why not take Social Security at 62

On one hand I can see the argument that financial advisors don’t want you to spend down your portfolio, if they are managing it. But since most BH’s likely don’t use that type of advisor, it’s probably not an issue. What I find more curious are those that advocate spending down your portfolio first...
by aristotelian
Tue Nov 21, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Contemplating offer on a house with SolarCity lease
Replies: 23
Views: 1716

Re: Contemplating offer on a house with SolarCity lease

You're asking a potential buyer to assume responsibility for a financial contract that you entered into. To put this in another perspective, if you used a loan to replace the heating and AC system or to upgrade the kitchen, would you ask the buyer to assume the loan and continue paying it off? A ne...
by aristotelian
Tue Nov 21, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Contemplating offer on a house with SolarCity lease
Replies: 23
Views: 1716

Re: Contemplating offer on a house with SolarCity lease

The seller sent her copy of the lease. It was a $0 down and $0 fixed fee per month, however, the lessee agrees to buy all the power that SC's array produces, at a rate of 14.9¢ per kWh. Our local utility recently restructured its tariffs. They now charge 14.840¢ per kWh plus 43.3¢ per day for acces...
by aristotelian
Tue Nov 21, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Request of Vanguard bond fund in SelectAccount HSA
Replies: 5
Views: 229

Re: Request of Vanguard bond fund in SelectAccount HSA

Why not just use Vanguard Target Retirement Income? That effectively puts 70% of your HSA in bonds. That seems to be the best choice if you are unwilling to go with Schwab. Yeah, a Vanguard Target Retirement fund could also work. I do prefer stand alone bond fund in that when market plummet, I can ...
by aristotelian
Tue Nov 21, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Holding VTSAX only
Replies: 46
Views: 4580

Re: Holding VTSAX only

Yep...that's my big plan. If the market drops I plan to continue to DCA every month & reinvest all dividends. I've got 90 years to go & I can't be bothered by bear market. In the book "Snowball" by Warren Buffett he states "to hell with the bear market I don't have time for this". I thought that wa...
by aristotelian
Tue Nov 21, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Car Accident- challenge getting funds for repairs by responsible party/insurer
Replies: 21
Views: 721

Re: Car Accident- challenge getting funds for repairs by responsible party/insurer

Gardener wrote:
Tue Nov 21, 2017 9:11 am
Also, I don't understand why his insurance company can't identify the VIN, make and model, as I have and provided the information for these tags.
There is no police report. Their position is likely that they are not giving out that information just because some guy asks for it.
by aristotelian
Tue Nov 21, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Car Accident- challenge getting funds for repairs by responsible party/insurer
Replies: 21
Views: 721

Re: Car Accident- challenge getting funds for repairs by responsible party/insurer

I doubt they would raise their rates over a claim for an accident that is not your fault. If you do, you can always change insurers. I do fear the lack of a police report may cause you some issues. If there is no documentation, could GEICO determine that it is your fault? Have you asked GEICO what t...
by aristotelian
Tue Nov 21, 2017 9:07 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 59
Views: 4696

Re: Buying and Spending Bitcoin

A stray thought that occurs to me, similar to an issue with gold but, I think, much worse. When you are old enough to have helped your late mother find your late dad's assets, your late sister find your late mother's assets, and your nephews find your late sister's assets, you start to see the prob...
by aristotelian
Tue Nov 21, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 20
Views: 1024

Re: TaxAct and alternatives

I've used TaxAct for a dozen years or more...both desktop and online versions. I've finally had it with the lack of transparency in terms of finding the best available price for a federal & state return. They've made it a royal PITA to find the best deal. This year I fully intend to use FreeTaxUSA ...
by aristotelian
Tue Nov 21, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 87
Views: 3439

Re: Why not take Social Security at 62

Actuarily, it makes no difference. If you have average life expectancy, there is no reason to think you will come out ahead or behind. However, from a tax efficiency perspective, in my opinion it makes sense to delay as long as possible and deplete/convert your tax deferred investments. If you claim...
by aristotelian
Mon Nov 20, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Request of Vanguard bond fund in SelectAccount HSA
Replies: 5
Views: 229

Re: Request of Vanguard bond fund in SelectAccount HSA

When your balance hits $10k, you can take the Schwab brokerage option and find any number of good bond funds. Until then, I would use Vanguard Target Retirement Income, which is 30/70, and just hold a little bit more than you would if you had access to Total Bond Market Index. My HSA balance is ove...
by aristotelian
Mon Nov 20, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Year end windfall and job loss
Replies: 16
Views: 1986

Re: Year end windfall and job loss

Since you can survive on one income, I would pay off the loan. I would rather have zero cash flow with $1M assets than $1.1M assets with a $100k debt costing -8% and negative cash flow of $8k.
by aristotelian
Mon Nov 20, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer Money from South Africa
Replies: 9
Views: 608

Re: Transfer Money from South Africa

We are looking at opening an account in South Africa as an option, will be there in a month. We have only 5 days to get account open and money transferred if we go this route. So off the airplane and straight to bank and hope it all works out. We closed an account there 3 or 4 years ago so maybe we...
by aristotelian
Mon Nov 20, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Going electric: Books about the Nissan Leaf (first generation; 2011–2017)
Replies: 17
Views: 938

Re: Going electric: Books about the Nissan Leaf (first generation; 2011–2017)

The words we are questing for are "Disruptive Innovation" ;-). As per Clayton Christensen (wikipedia is good on this topic as an introduction "The Innovator's Dilemma"). An EV does some things better than an ICE car and is markedly inferior in other ways. Once EVs are comparably priced to ICE cars,...
by aristotelian
Mon Nov 20, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Request of Vanguard bond fund in SelectAccount HSA
Replies: 5
Views: 229

Re: Request of Vanguard bond fund in SelectAccount HSA

When your balance hits $10k, you can take the Schwab brokerage option and find any number of good bond funds. Until then, I would use Vanguard Target Retirement Income, which is 30/70, and just hold a little bit more than you would if you had access to Total Bond Market Index.
by aristotelian
Mon Nov 20, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: What brand of used car - Hyundai vs Nissan?
Replies: 27
Views: 1481

Re: What brand of used car - Hyundai vs Nissan?

I did some research recently looking into Honda/Toyota but also considering Hyundai and Nissan. Hyundai looks MUCH better across the board for reliability in the cars that I was seeing. Lot of complaints regarding Nissan CVT transmissions. I guess if you go with Nissan go with manual. By the way, s...
by aristotelian
Mon Nov 20, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 48
Views: 4522

Re: Drive it till it dies. It died.

Regarding the old car, maybe you can put an add on Craigslist and see if a Nissan enthusiast who wants to take on the transmission rebuild will want to buy it from you. Otherwise, your only option may be to call a junk yard and sell it for scrap. Why would you buy a newer version of a car that just ...
by aristotelian
Mon Nov 20, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Open enrollment - Choosing HSA vs PPO - expecting baby
Replies: 21
Views: 888

Re: Open enrollment - Choosing HSA vs PPO - expecting baby

I wouldn’t choose HSA for time like this. Why not? His HDHP/HSA has the lowest out of pocket max of all the plans. Something is not right, how could a HDHP has lower out of pocket max. Isn’t that one reason why they give you HSA in the first place. I had HSA plan for one year and that was a long ti...
by aristotelian
Mon Nov 20, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Open enrollment - Choosing HSA vs PPO - expecting baby
Replies: 21
Views: 888

Re: Open enrollment - Choosing HSA vs PPO - expecting baby

DrGoogle2017 wrote:
Sun Nov 19, 2017 11:45 am
I wouldn’t choose HSA for time like this.
Why not? His HDHP/HSA has the lowest out of pocket max of all the plans.
by aristotelian
Mon Nov 20, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: High deductible health insurance with HSA for family of 5
Replies: 11
Views: 622

Re: High deductible health insurance with HSA for family of 5

If I understand the numbers you posted, your employer contribution to the HSA more than makes up for the difference in deductibles. For what it's worth, your employer contribution also covers about what I have been paying out of pocket under an HDHP for a healthyish family of four. That out of pocke...
by aristotelian
Mon Nov 20, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Contemplating offer on a house with SolarCity lease
Replies: 23
Views: 1716

Re: Contemplating offer on a house with SolarCity lease

What are the terms that seller has offered? Is the price of the house supposed to include the panels? It is not clear to me that there is an offer on the table. Give the seller these two options and play hardball: option 1. seller buy lease out and you get solar free without a price adjustment. opti...
by aristotelian
Mon Nov 20, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Refinance 30yr to 15yr mortgage?
Replies: 27
Views: 2234

Re: Refinance 30yr to 15yr mortgage?

Thanks again for the responses. Clearly I'm a novice, armed with just enough info to be very dangerous to my financial future. That being said, I don't quite understand the advice to sell the property... From my perspective, I have someone else paying 80% of the mortgage and associated fees for thi...
by aristotelian
Mon Nov 20, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: What brand of used car - Hyundai vs Nissan?
Replies: 27
Views: 1481

Re: What brand of used car - Hyundai vs Nissan?

I did some research recently looking into Honda/Toyota but also considering Hyundai and Nissan. Hyundai looks MUCH better across the board for reliability in the cars that I was seeing. Lot of complaints regarding Nissan CVT transmissions. I guess if you go with Nissan go with manual.
by aristotelian
Sun Nov 19, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9184

Re: Valuation of EE Savings Bonds

EE bonds are very similar, except that the holding period is 20 years and the interest rate is 3.53%. How many times in the historic record have nominal bonds held for 20 years beaten stocks? About three. In virtually all of the rest, stocks have absolutely trounced bonds. Buying EE bonds is taking...
by aristotelian
Sun Nov 19, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9184

Re: Valuation of EE Savings Bonds

I'm not trying to cast this as a bonds vs. stocks debate. My point, rather, is that EE bonds are so different from other bonds that they should be treated as qualitatively distinct. With traditional bonds, you can sell them when you want with little or no foregone interest. The overwhelming majorit...
by aristotelian
Sun Nov 19, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer Money from South Africa
Replies: 9
Views: 608

Re: Transfer Money from South Africa

Have you talked with your bank(s) about accepting wire transfers from South Africa? I would guess this would be the easiest.

Number two would be opening a bank account in South Africa, particularly if you already travel there (or want to do so).
by aristotelian
Sun Nov 19, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9184

Re: Valuation of EE Savings Bonds

When the EE Bond is purchased, the market price is $10K for a $10k bond. We know that because that is how much they are sold for, and there is a market for them at that price point. That is its value in today's dollars. When it is redeemed, it is worth $20k in future dollars. While I can't prove it ...
by aristotelian
Sun Nov 19, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds vs Ladder
Replies: 26
Views: 1735

Re: Bond funds vs Ladder

I would not want to invest in individual bonds for the same reason that I do not want to invest in individual stocks. You are concentrating your risk and increasing the chances that you will make a mistake, whether committing yourself to a low interest rate for a long time, or picking the wrong muni...
by aristotelian
Sun Nov 19, 2017 5:06 pm
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4423

Re: Is investing with Vanguard a tragedy of the commons?

No. It is not a tragedy of the commons situation at all. The tragedy of the commons applies to consumable resources without property rights. The equity markets are not a consumable resource and they do come with property rights, so you need to come up with a different economic model. Next objection...
by aristotelian
Sun Nov 19, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments
Replies: 12
Views: 649

Re: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments

What are your monthly expenses? Have you been making good progress on your student loans? I am very concerned about your savings rate. You have a high income (much higher than mine) but very little to show for it, and you bought a lot of house relative to your savings and debt. Have you considered d...
by aristotelian
Sun Nov 19, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 34
Views: 2051

Re: Collection agency calls intended for another person:

When we have notified the collection agency that the person is not at this address, or number, the calls did stop. Then, a year later, another agency called, they said they just got that account. Then the calls stopped again. YMMV. +1. We had this happen. Every time I would answer the phone and tel...
by aristotelian
Sun Nov 19, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

According to Vanguard , a 70/30 portfolio had a 9.1% annual return from 1926-2016, while a 100/0 portfolio had a 10.2% return over that same period. The worst annual loss for the 70/30 was 30.7%, while the worst annual loss for the 100/0 was 43.1%. Remember that you cannot 'eat' a risk-adjusted ret...
by aristotelian
Sun Nov 19, 2017 1:19 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

Is there a study or white paper showing a portfolio of 70% stocks and 30% bonds, produces 90% of the 100% stock return and exactly how much less volatility? All i could find was this study comparing differing portfolio allocations to the Buffett portfolio of 90% stocks and 10% bonds. It compares ma...
by aristotelian
Sun Nov 19, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10059

Re: The valet smashed my Tesla into a brick wall!

I would try to negotiate with the owner such that you end up with a new Tesla even if that means you pay the difference between a new car replacement and the value of your car at the time of the accident.
by aristotelian
Sun Nov 19, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: Invest using my State's college plan or Another?
Replies: 7
Views: 376

Re: Invest using my State's college plan or Another?

That sucks but T Rowe Price does have an S&P index with a decent ratio if memory serves. I would probably do that to get the tax benefit unless you are planning to move soon. Another option is I Bonds from Treasury Direct although I believe removing the tax exemption is on the table for the new tax ...
by aristotelian
Sun Nov 19, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 15
Views: 1365

Re: Annual timing of Roth IRA contribution

The one reason to wait is if you are close to the contribution limit. Your W-2 income may be low enough but is it possible that you may realize capital gains or receive some kind of windfall during the year that might put you over? This nailed me a couple of years ago. I had maxed out DW's and my R...
by aristotelian
Sat Nov 18, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investment ideas to get to retirement faster and in better shape!
Replies: 7
Views: 692

Re: Help with investment ideas to get to retirement faster and in better shape!

You appear to be saving well with 600k and house paid off. With mortgage gone your savings rate should increase. However, your portfolio is conservatively invested with only 50% equities and CDs instead of bonds. Your best bet is to increase your equity allocation. Up to you if you can stomach the r...
by aristotelian
Sat Nov 18, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

Dangerous but not as dangerous? :confused (As all stock) Over periods less than around 20 years, bonds have been less volatile in terms of real returns. Over longer periods, bonds have been more volatile than stocks. See Siegel's fantastic book Stocks for the Long Run for analysis on this issue. Of...
by aristotelian
Sat Nov 18, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard intermediate tax emempt vs CD
Replies: 4
Views: 682

Re: Vanguard intermediate tax emempt vs CD

Higher average return tax free vs guaranteed return. Up to you and your tolerance for risk.
by aristotelian
Sat Nov 18, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

Respectfully, I disagree. That is ok, almost everyone in this thread disagrees with me :). But why? Why is holding bonds for the next 10-20 years to prepare for retirement a good thing? I currently hold 25% in fixed income because I do not want to put my entire portfolio at risk of a 2008 (or worse...
by aristotelian
Sat Nov 18, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

Stocks are a much bigger risk for negative real return and with much bigger downside. If you want to time the market, you could hold short term bonds. Or, if you find principal loss to be unacceptable, you could hold individual bonds. Holding individual bonds sounds better Actually the net result o...
by aristotelian
Sat Nov 18, 2017 8:47 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 124
Views: 8149

Re: Is holding bonds now dangerous?

Stocks are a much bigger risk for negative real return and with much bigger downside. If you want to time the market, you could hold short term bonds. Or, if you find principal loss to be unacceptable, you could hold individual bonds.
by aristotelian
Fri Nov 17, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at FRA of 66, or delay for one year?
Replies: 10
Views: 832

Re: Retire at FRA of 66, or delay for one year?

I don't know what your goals or expenses are like, but if you (and more importantly, your wife) can get by pulling about $50K annually from your portfolio, you should be just fine. Personally, I would have retired several years ago.
by aristotelian
Thu Nov 16, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 28
Views: 2068

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

Have you upgraded the OS? Android phone manufacturers periodically send out wireless software updates to upgrade your phone from Android 4 to 5 and so on. I am seeing that Android 6 is available for your phone. To see if an update is available, go to Settings-->About Phone. There should be an optio...
by aristotelian
Thu Nov 16, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 28
Views: 2068

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

Have you upgraded the OS? Android phone manufacturers periodically send out wireless software updates to upgrade your phone from Android 4 to 5 and so on. I am seeing that Android 6 is available for your phone. To see if an update is available, go to Settings-->About Phone. There should be an option...
by aristotelian
Wed Nov 15, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Too much risk for early retirement?
Replies: 21
Views: 3163

Re: Too much risk for early retirement?

If you can live on $100K expenses you will be fine. That is only a 3.1% withdrawal rate from the portfolio and that does not even include social security. That would be regarded as very safe. If you are ready to retire, should get out yesterday.
by aristotelian
Wed Nov 15, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Re: Children's investment
Replies: 3
Views: 347

Re: Children's investment

I think the 18 year old can open their own account. The others you would have to do a UTMA or 529.

Do you have checks written out to the kids?
by aristotelian
Wed Nov 15, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 28
Views: 2068

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

What is the phone and malware? You can try and do a factory reset. Of course you will lose all your data that isn't in the cloud.
by aristotelian
Wed Nov 15, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: Saturna=the only no-fee HSA investing option
Replies: 4
Views: 614

Re: Saturna=the only no-fee HSA investing option

This is good information. I naturally assumed there would be no good options on their selected list, but it is better than most. However, Saturna's no fee option comes out ahead only up to about $15k. Above that, Lively for $30 is the better deal. I would rather just go with Lively and not have to s...