Search found 25 matches

by ether161
Tue Mar 24, 2020 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 91
Views: 10741

Re: Curious to odd estate question

Can we get an update?
by ether161
Sun Mar 22, 2020 11:11 pm
Forum: Personal Investments
Topic: For those timing the market right now, what are your criteria for getting back in?
Replies: 30
Views: 2404

Re: For those timing the market right now, what are your criteria for getting back in?

Vix below 30. That is when the markets bottomed back in '09 Can you expound on your thinking here please? I have a strong opinion that credit cycles are the best indicator of economic contractions. The 10y 3month government yield spread is a decent indicator of where we are in the current credit cy...
by ether161
Fri Jun 23, 2017 12:15 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 12967

Re: What is your car's average cost ownership?

Don't forget the opportunity cost of capital. The 20K you spent on that car could of been invested in the market and yield $800/yr
by ether161
Sat Jun 17, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 91
Views: 10741

Re: Curious to odd estate question

It is more in conformance with the law to destroy your own wealth than to get someone to do it after you die. You do have to avoid being declared incompetent while you are doing it. This is the crux of the issue. If you entrust an executor to carry out your wishes, he is either going to to be legal...
by ether161
Sat Jun 17, 2017 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 91
Views: 10741

Re: Curious to odd estate question

If this man is serious about destroying his wealth, he can't use an estate attorney. With the bitcoin he can just run off with the money and retire. Bitcoin was designed so anyone can run off with the funds if they have the password. If he is serious about destroying his wealth he MUST do it by hims...
by ether161
Wed Jun 14, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 91
Views: 10741

Re: Curious to odd estate question

Why not buy a TON of bitcoin/etherium then simply lose the private key! Or why not buy a bunch of gold and hide it in a treasure chest! One site you can buy the bitcoin in: https://www.coinbase.com/ However they have daily limits and want some ID, but you can do a simple ACH transfer to get the bitc...
by ether161
Tue Jun 06, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Anti virus protection
Replies: 35
Views: 5349

Re: Anti virus protection

123 wrote:We use Windows Defender by Microsoft. It's free.
+1
Antivirus is ok, but the best protection is turning on automatic windows updates!
by ether161
Sun May 21, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on bitcoins
Replies: 6
Views: 1486

Re: Taxes on bitcoins

Bitcoin is property. it would be classified under long term capital gains tax of 20% + 3.8% ACA. Another big issue is that transaction fees of converting $1m in bitcoin to USD. The banks will also not send investment tax forms to your friend, since they have no idea what the cost basis is. https://w...
by ether161
Sun May 21, 2017 12:29 pm
Forum: Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 45
Views: 9695

Re: Why would anyone buy a condo (from an investment standpoint)

To make the numbers work you have to assume some kind of property price appreciation. If I assume say 4% pa (the average in London over the last 25 years is something like 7-8% pa ;-)) then you get a 10% pa return which probably compensates you for the risk. Of course, the long run real return on h...
by ether161
Sun May 21, 2017 12:23 pm
Forum: Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 45
Views: 9695

Re: Why would anyone buy a condo (from an investment standpoint)

I agree to make money in residential property is a business decision rather than an investment one per se-- not like for like. That said, if I had put all my spare cash into London property rather than into stocks the last 25 years... ;-). I'd be retired by now. You're right 100% The real money in ...
by ether161
Tue May 16, 2017 4:25 pm
Forum: Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 45
Views: 9695

Re: Why would anyone buy a condo (from an investment standpoint)

The metric I use is cap rate around 6%. Taking Net Operating Income/ Value. If you only shoot for 6% ROI, when you factor in the cost of fixing depreciated roofs, HVAC, plumbing, electric, foundations and the cost of property taxes you're not looking at a return much higher than just investing in l...
by ether161
Tue May 16, 2017 8:46 am
Forum: Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 45
Views: 9695

Re: Why would anyone buy a condo (from an investment standpoint)

With real estate you want 18% of the properties' value in gross rents every year. So a 300k property, you want $54,000/yr in rent. Of that $54,000 you will have expenses of: 5% property value is the opportunity cost of investing in debt/equity (-15,000) 3.5% property value is lost b/c of not collect...
by ether161
Sun Apr 09, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Require Access to School Records?
Replies: 113
Views: 9046

Re: Require Access to School Records?

You get quarterly reports from your other investments, why not your daughter?
Why not compromise and ask for the final grades every semester. Also the school should send a letter to the home address if she made A/B honor roll.
by ether161
Sun Apr 09, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Selling laptop with "bad" Win10 upgrade
Replies: 25
Views: 3060

Re: Selling laptop with "bad" Win10 upgrade

There should be an option for rolling back to windows vista.
https://www.howtogeek.com/235474/how-to ... indows-10/
by ether161
Sat Apr 01, 2017 12:04 pm
Forum: Personal Investments
Topic: Low income. How can I buy a house in 5 years?
Replies: 45
Views: 5010

Re: Low income. How can I buy a house in 5 years?

Looks like home prices are completely out of touch with rental prices in your area. That 600k duplex that you wanted to buy, but expect only 1400/month for half the property means your ROI is only 5.6% (1400*12months/300,000). When landlording shoot for a property that brings in an ROI above 18%. Ho...
by ether161
Fri Mar 31, 2017 1:30 pm
Forum: Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 32792

Re: Currently have $700,000 at 26 years old get $100,000 a year

One thing I noticed is that you fear for the future of investing as a whole. No one knows what the future will hold. Most nations that exist today never existed 80 years ago. Think about it! (USA, Switzerland, UK are the only original countries that survived WWII and Cold War intact) Wars have destr...
by ether161
Tue Mar 28, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 8051

Re: Daughter maxed out credit cards, needs help from me

Freeze her credit that way she is not tempted to apply for another credit card.
If she has a history of hiding these things, trust but verify.
by ether161
Sun Feb 26, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: Technical Analysis
Replies: 37
Views: 3613

Re: Technical Analysis

Image
by ether161
Tue Feb 21, 2017 1:21 am
Forum: Personal Consumer Issues
Topic: Desktop Computer - Still relevant? Good investment?
Replies: 76
Views: 9139

Re: Desktop Computer - Still relevant? Good investment?

Desktops last longer than laptops, but they end up using a TON more electricity.
Fun fact: if you keep a desktop computer for more than 4 years you'll spend more on electricity than on buying it!
by ether161
Tue Feb 14, 2017 10:14 pm
Forum: Personal Investments
Topic: Currently an Edward Jones client and need some advice
Replies: 32
Views: 3763

Re: Currently an Edward Jones client and need some advice

Think about it like this.
If your investments gained 7% last year and your expense ratio is 1%,
that mean 14% (1/7) of your profit is lost to your financial advisor.

They take as much as the government!

Cut out the middle man and keep the money you earned.
by ether161
Sun Feb 12, 2017 11:27 am
Forum: Personal Investments
Topic: College student looking for advice
Replies: 24
Views: 2155

Re: College student looking for advice

I'm not sure why everyone is so hostile. You are well on your way to a career corporate management. You should be proud of that! Starting out with $3.5M means about $140k year in interest plus starting salary of between $80-120k. I think the big thing that triggered everyone was that they thought yo...
by ether161
Sat Feb 11, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Honest Discrete Computer Assistance for Widow
Replies: 5
Views: 971

Re: Honest Discrete Computer Assistance for Widow

I hate to sound alarmist, but cyber criminals actually track down recent widows and widowers to target in banking and wire fraud. They normally track obituaries and just from a name and date of birth it's easy to track down a phone number and address through the register of property deeds. They will...
by ether161
Tue Feb 07, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: College kids driving cars (to live off campus)
Replies: 44
Views: 3956

Re: College kids driving cars (to live off campus)

Mopeds were REALLY popular when I was in college! They are under $1000 but are easy to park on bike racks and simple to maintain.
Also some people use uber everyday. $7 one way comes out to about $280/month.