Search found 1102 matches

by deltaneutral83
Fri May 17, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 113
Views: 18433

Re: Umbrella Policy: Right amount for $7 mil net worth?

A $1M umbrella is just so insanely cheap I can't imagine not having one if you drive a car even if you had a negative net worth but projected to have one either in the near future or the long term (med student with what will be $400k in loans in year one with 10 years to break even net worth). A BK ...
by deltaneutral83
Thu May 16, 2019 3:09 pm
Forum: Personal Investments
Topic: Elderly Parent with Whole Life Insurance
Replies: 21
Views: 1517

Re: Elderly Parent with Whole Life Insurance

Nope, level term and invest the difference. Mother is in her early 90s per OP. I doubt any term is available now. I’d probably pay the $15k per year to keep the policy in force, or pay the next 3 premiums from the cash value. That price seems reasonable for the death benefit on a woman in her 90s I...
by deltaneutral83
Thu May 16, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 332
Views: 159218

Re: Staying the course

Looks like it really validates what's been preached over the forum for so many times, that one who got out of market never know when to get back in. And when they did, it's always higher than their initial price. Thank you for sharing =) These memories are golden for young punter like me who have n...
by deltaneutral83
Thu May 16, 2019 2:15 pm
Forum: Personal Investments
Topic: Elderly Parent with Whole Life Insurance
Replies: 21
Views: 1517

Re: Elderly Parent with Whole Life Insurance

Nope, level term and invest the difference. Run the numbers for yourself. Can also doll out $15k a year to each heir(s) to reduce estate. Seems like if it's a traditional WL policy, it's worth keeping till the end. I'm not sure the BTIR works later in life. I checked https://www.term4sale.com/ and ...
by deltaneutral83
Wed May 15, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: Regulate Office Temperature
Replies: 31
Views: 2181

Re: Regulate Office Temperature

Looking for advice on what to purchase.. Is there anything out there, besides a fan, that can cool down an office that does not have any windows? Our floor is kept at 75 degrees in the summer, and 76 in the winter. I've looked into AC units that don't require a window, but they say they are best us...
by deltaneutral83
Wed May 15, 2019 1:45 pm
Forum: Personal Investments
Topic: Elderly Parent with Whole Life Insurance
Replies: 21
Views: 1517

Re: Elderly Parent with Whole Life Insurance

Yep. But no hard regrets really, it's exactly the reason one buys a policy like that in the first place. If death had occurred early on we'd be viewing the policy as a good thing. Now, maybe the payout isn't as remarkable but I still have my mom! Nope, level term and invest the difference. Run the ...
by deltaneutral83
Wed May 15, 2019 1:32 pm
Forum: Personal Investments
Topic: Is my 401K fees too high - have Pro Rata fees and Plan Service Fees
Replies: 13
Views: 444

Re: Is my 401K fees too high - have Pro Rata fees and Plan Service Fees

FYI, my wife's salary is high five figures, my salary is mid six figures if this helps in calculation. We are still below limits for ROTH contribution with modified gross income because of 401K deductions along with medical benefits, FSA, Dependent Savings account. Not eligible for HSA Direct Roth ...
by deltaneutral83
Wed May 15, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: American Funds Propaganda. Help me understand.
Replies: 25
Views: 2531

Re: American Funds Propaganda. Help me understand.

Make sure whichever active funds the "guy" is peddling don't have reinvested div's if the S&P doesn't. That's usually rule # 1 for me.
by deltaneutral83
Wed May 15, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 332
Views: 159218

Re: Staying the course

why didn't I all in at dow 8500? Because the Dow went to 6,600 in March 2009 before it bounced back and if you don't know how an additional 22% fall feels like after a prior massive fall, well....Several people who pulled the plug at 9k would have had fabulous and numerous opportunities to get back...
by deltaneutral83
Wed May 15, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 77
Views: 5060

Re: Dividends almost Doubled between 2013 and now

I am not 100% sure where you are coming from but it sounds like you are suggesting that you feel companies that declare larger div's are just better off (in terms of total ROI) in general than companies that do not distribute div's or distribute a lower % of divs???? See? You're just showing what a...
by deltaneutral83
Wed May 15, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 77
Views: 5060

Re: Dividends almost Doubled between 2013 and now

You do realize you have the ability to "declare" your own dividend anytime you wish and sell off shares if you owned BRK if dividends are your fancy (and at capital gains rates most likely)? When the company declares a dividend on a schedule you have no choice and it is taxed at whatever rate. I li...
by deltaneutral83
Wed May 15, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 77
Views: 5060

Re: Dividends almost Doubled between 2013 and now

It's not that people here don't like dividends, they just realize that they are nothing more than taking a couple bucks out of your right pocket and putting it in your left pocket (and possibly paying taxes on it). That's your take. If it stays in your right pocket, it's your cash but someone else ...
by deltaneutral83
Mon May 13, 2019 2:00 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4176

Re: Email to my Edward Jones Rep

"His Name", the potential sale of my business continues to progress. I am performing due diligence concerning how to handle a lump sum portfolio investment of approximately "low 7 figures". I am not interested in looking at past performance of funds and I will use load costs and expense ratio costs...
by deltaneutral83
Mon May 13, 2019 7:55 am
Forum: Personal Investments
Topic: An Advisor Refusing To Sell Investments
Replies: 51
Views: 5376

Re: An Advisor Refusing To Sell Investments

Oh Man, had he been trying to get to move last Monday (5/6/2019) that would have been perfect timing !
by deltaneutral83
Fri May 10, 2019 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Subaru CPO - Friends and family extended warranty price
Replies: 24
Views: 1276

Re: Subaru CPO - Friends and family extended warranty price

$699 with a $100 deduc for 7 years is a good deal for nearly any vehicle, even if brand new and you don't anticipate any issues for at least 3-4 years or have factory warranty for 3/36k. Worst case scenario your car doesn't need a thing and you're out $699 and sleep easy over 7 years. I paid $2,400 ...
by deltaneutral83
Thu May 09, 2019 3:52 pm
Forum: Personal Investments
Topic: Brokerages with no-transaction fees for Vanguard funds
Replies: 21
Views: 1286

Re: Brokerages with no-transaction fees for Vanguard funds

You can trade any ETF commission free with Merrill Edge if you have $100k in the account. Don't think so for Mutual Funds. This is one of the bigger cons of MF's as opposed to ETF's is mobility. But you should be able to convert MF's to ETF's while at VG, then move the ETF's.
by deltaneutral83
Thu May 09, 2019 1:09 pm
Forum: Personal Investments
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 200
Views: 9726

Re: What is your U.S./ex-U.S. stock allocation?

I split the difference of 50/0 so I'm 25% IXUS (or VXUS or VTIAX). Hopefully I will spend half the time complaining about having too much Intl. and the other half complaining about having too little. Right now the former is taking over the brain.
by deltaneutral83
Thu May 09, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: How to reduce dividends?
Replies: 27
Views: 3974

Re: How to reduce dividends?

Being just above the 400% of federal poverty level is not necessarily ¨rich¨, particularly if it means you are suddenly faced with the prospect of paying for very expensive ACA health insurance policies without any premium tax credit assistance. 400% FPL is $48,560 for a one-person household. I sup...
by deltaneutral83
Wed May 08, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Capital Loss Carryover
Replies: 11
Views: 599

Re: Capital Loss Carryover

in the scenario you list, your 2019 gains will be offset by the carry forward losses and you will have a net capital gain of zero I'm unclear on why you think you just get to deduct $3K, unless you are referring to the $3K you got to take as capital loss on your 2018 return? So in summary, you got ...
by deltaneutral83
Wed May 08, 2019 9:16 am
Forum: Personal Investments
Topic: Please Help me Create a 3-Fund Portfolio with these Index Funds
Replies: 35
Views: 2420

Re: Please Help me Create a 3-Fund Portfolio with these Index Funds

Thank you to all for your advice! This forum is a true blessing. One follow-up question related to US Equities. Would I be wise to add some mid cap exposure like VIMAX? Right now I have the iShares 500 and the Vanguard Small Cap Index. Scroll to the first post for all of my options. This is as simp...
by deltaneutral83
Wed May 08, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Goodman HVAC System
Replies: 21
Views: 1927

Re: Goodman HVAC System

I used a Goodman, ten year warranty on parts was what sold me.
by deltaneutral83
Tue May 07, 2019 1:21 pm
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13208

Re: I tried to fire my financial advisor of 12 years today...

The 1.5% AUM doesn't include churning and other kickbacks for the firm's proprietary funds or whatever. Adviser was clearing $10k easy on a $600k account. Of course he reacted badly to a $10k day reduction in annual comp, I would too. The reduction to 1% AUM is the best part. Now why wouldn't he hav...
by deltaneutral83
Fri May 03, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10770
Views: 1885250

Re: U.S. stocks in free fall

But "we" are nicely ahead because we received dividends from the stocks we owned through the index funds. When the stock market has simply returned dividends for 17 months you would probably be in a percentile higher than 80 for "great time to invest" over the last 150 years yet its pure hysteria i...
by deltaneutral83
Thu May 02, 2019 4:14 pm
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 53
Views: 5017

Re: Ever Too Much in HSA?

In other words, in those circumstances you should have a strategy to claim those tax-free distributions before it is too late. I understand the point you are bringing up. I was assuming that the receipts I've compiled and plan to compile for years to come will be the absolute first things I draw do...
by deltaneutral83
Wed May 01, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Why is VTI down & VTSAX up?
Replies: 13
Views: 691

Re: Why is VTI down & VTSAX up?

You need to check back in at 6PM eastern in your account that holds mutual funds. I think that's the latest it can be before updating the price it was at 4PM. So if you look at 4PM, the price will still be reflective of the prior day.
by deltaneutral83
Wed May 01, 2019 2:43 pm
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 53
Views: 5017

Re: Ever Too Much in HSA?

I guess maybe I don't understand about the non spousal heir part of this vehicle. So you don't use all of it before death, the entire amount is taxable to a non spouse heir that year? What exactly is present about that outcome that creates a mindset of anything other than maximizing HSA along the wa...
by deltaneutral83
Wed May 01, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Another PPO vs. HDHP thread...
Replies: 14
Views: 838

Re: Another PPO vs. HDHP thread...

Seems odd that the benefits provided for each plan call for the same premium. I'm wondering what the cost is for each plan in total, before the company offers their subsidy. I don't think the HDHP is necessarily a high cost to you on it's own, it's just your PPO plan is pretty solid (as fara s what ...
by deltaneutral83
Tue Apr 30, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 7128

Re: Vanguard Lowers 21 ETF Expense Ratios

I believe I read it correctly in my new prospectus on VIOV (Small cap value 600, same as IJS) that is going from 20 to 15 bps as well?
by deltaneutral83
Mon Apr 29, 2019 11:14 am
Forum: Investing - Theory, News & General
Topic: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"
Replies: 76
Views: 10526

Re: The counterargument

Abarn wrote:
Mon Apr 29, 2019 11:07 am

What are your thoughts?
My first and only thought is that he's an adviser. This entire website is devoted to debunking mostly everything he said.
by deltaneutral83
Mon Apr 29, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Why do most people hate/dread learning about money and is there a good book for helping them?
Replies: 78
Views: 4872

Re: Why do most people hate/dread learning about money and is there a good book for helping them?

People will do absolutely anything to avoid embarrassment today even if it means a more embarrassing tomorrow. Learning about finance brings about a level of shame that most don't want to deal with for a variety of reasons. BH's that are razor sharp about the math and behavioral aspects of personal ...
by deltaneutral83
Fri Apr 26, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA options
Replies: 1
Views: 249

Re: Roth IRA options

Thoughts on M1 Finance expert pie, which contains Schwab U.S Larger-Cap Growth (SCHG) 82%, Vanguard Mid-Cap Growth (VOT) 14%, and Vanguard Small-Cap Growth (VBK) 4% in a Roth IRA. Any other recommendations? Those 3 in those proportions are basically growth but if they were blended they would be a t...
by deltaneutral83
Thu Apr 25, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Premium Tax Credit for ACA
Replies: 8
Views: 585

Re: Premium Tax Credit for ACA

I believe the subsidies go down a staircase above medicaid number and until you hit 4x poverty level for your household. Once you hit 4x in AGI, you get no subsidies. So 4x is a huge cliff as compared to 3.99x.
by deltaneutral83
Wed Apr 24, 2019 12:49 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 14705

Re: Dump international?

I'm not even sure having 15% in the first place was really doing anything. I've never understood the core 3F of VTI/VXUS/BND and delegating any of the three under 20%. What do the TDF's get out of a young person in a TDF with 10% bonds, what's that really doing? 0 or 20+ makes sense depending upon y...
by deltaneutral83
Wed Apr 24, 2019 7:30 am
Forum: Personal Investments
Topic: Vanguard REITs ETF vs Admiral
Replies: 6
Views: 517

Re: Vanguard REITs ETF vs Admiral

This works in both directions. Sometimes you buy or sell on a day where the price moves in your favor. The way I track which way the market is going before selling is by following the ETF trend, and putting my order in to sell the mutual fund near the end of the day. No surprises. On the other hand...
by deltaneutral83
Tue Apr 23, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly, even lower opinion of financial planners/money managers
Replies: 67
Views: 5841

Re: Suddenly, even lower opinion of financial planners/money managers

The Series 66 is a test written by lawyers for investment professionals, the Series 7 is a test written by investment professionals for investment professionals. Skilled test takers I could see getting by the 63/65/66 with minimal training and I could easily see seasoned professionals needing weeks ...
by deltaneutral83
Tue Apr 23, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 11746

Re: Who is buying 1-3 year old used Toyotas and Hondas?

That could be true and I didn't think of it. I am looking at prices on Carmax and Carfax as well as CPOs at dealers and comparing them to MSRP on the Toyota and Honda websites. Private sellers would be cheaper . Bingo Any car that is traded at a year is either a lemon, or the buyer isn't bright. Th...
by deltaneutral83
Tue Apr 23, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Getting Spouse On Board With Saving
Replies: 41
Views: 3941

Re: Getting Spouse On Board With Saving

Not to sound cliche, but I would do more listening and less explaining. Spouses need to try to understand the goals of each other and frame common strategies around these goals. Does spouse want kids? When? Does spouse know how much this costs? Does spouse want to be a stay at home parent with redu...
by deltaneutral83
Tue Apr 23, 2019 9:45 am
Forum: Personal Investments
Topic: One time deposit to HSA
Replies: 13
Views: 997

Re: One time deposit to HSA

Why wouldn't people with an HSA just divide the max contribution by number of paychecks your company does and tell payroll accordingly per check. This way you never over contribute? Of course this is for people who are W2 mostly, not so much self employed. because some employers contribute a one-ti...
by deltaneutral83
Tue Apr 23, 2019 8:00 am
Forum: Personal Investments
Topic: One time deposit to HSA
Replies: 13
Views: 997

Re: One time deposit to HSA

Why wouldn't people with an HSA just divide the max contribution by number of paychecks your company does and tell payroll accordingly per check. This way you never over contribute? Of course this is for people who are W2 mostly, not so much self employed.
by deltaneutral83
Fri Apr 19, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 4232

Re: American Funds vs Vanguard

Europacific Growth Fund has destroyed Vanguard Total International since inception. Can't believe people drove past this but this fund is 16/26/48 on the top line and VTIAX is 26/26/23. Growth has done well the last ten years, these two funds are apples to oranges. Much in the same way Merriman and...
by deltaneutral83
Fri Apr 19, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14396

Re: In Laws Retirement Nest Egg

Just curious, would this be a two way street in that a parent inquires (for a host of reasons, some mentioned in this thread) about an adult child's finances and the child responds with "stay out of my financial business when you aren't invited." Of course - that happens all the time! Understood, s...
by deltaneutral83
Fri Apr 19, 2019 10:44 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 61
Views: 6382

Re: Fire my financial advisor now or later? (recent windfall help needed)

She said VTI/VTSAX wasn't tax efficient? LOL, ruuuuuuuuuuuunnnnnnn!
by deltaneutral83
Fri Apr 19, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 4232

Re: American Funds vs Vanguard

Europacific Growth Fund has destroyed Vanguard Total International since inception. Can't believe people drove past this but this fund is 16/26/48 on the top line and VTIAX is 26/26/23. Growth has done well the last ten years, these two funds are apples to oranges. Much in the same way Merriman and...
by deltaneutral83
Thu Apr 18, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14396

Re: In Laws Retirement Nest Egg

Bingo! My wife and I have a lot more money than the retirees in question. And I have no worries about being able to support ourselves in any foreseeable scenarios. But if either of my sons or their significant others expressed concerns about my retiring, or suggested that I should get a part-time j...
by deltaneutral83
Thu Apr 18, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: AC went kaput, Sketchy quotes. Time to think Geothermal?
Replies: 19
Views: 2247

Re: AC went kaput, Sketchy quotes. Time to think Geothermal?

NHRATA01 wrote:
Thu Apr 18, 2019 7:44 am

I think you made a good choice and did well.

For comparison I had to install a new 4ton unit 2 springs ago, it was 4200 for the condenser, air handler, lineset and some miscellaneous parts. Install was 3k.
$3k for installation, did it take more than a day?
by deltaneutral83
Thu Apr 18, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 4113

Re: Marriage and Student Loans

See, I agree with a lot of this. But #3 is kind of out of line. Maybe it's because I grew up in a poor rural area, but taking out a load of student loans on the prospect of potentially making it out and earning a decent income at some point in your life beats the heck out of the otherwise abysmal j...
by deltaneutral83
Wed Apr 17, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14396

Re: In Laws Retirement Nest Egg

The core value I was referring to is that of hard work, saving, self sufficiency and not relying on children or the taxpayer to step in if you have not planned properly Your in-laws have displayed hard work, saving, and self-sufficiency. They're in the 90th percentile of wealth. Many cultures have ...
by deltaneutral83
Wed Apr 17, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6573

Re: After financial independence, do you play credit card bonus games?

Surprised a lot of BH don't get with BoA/Merrill for their rewards card that's 2.625% on anything and 3.5% for dining/travel. Very straightforward cashback card and all you have to do is house $100k with BoA/Merrill combined. The $95 annual fee comes with $100 in airline incidentals refunded. It fac...
by deltaneutral83
Wed Apr 17, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Career Advice: Is active management really dying?
Replies: 28
Views: 3200

Re: Career Advice: Is active management really dying?

Does the book of business just get handed over, what incentive does the lead FA have to just hand you a book of $700M? Do you have to buy him out which is usually a year's revenue so $700k (at 1%). More details are needed. Financial plans are not one time events. Life happens (death of family member...
by deltaneutral83
Wed Apr 17, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: umbrella insurance negative cost?
Replies: 16
Views: 1787

Re: umbrella insurance negative cost?

Just tagging a question onto this. I got my quote for umbrella insurance($1mil liability), and between that and my car insurance(which also has to increase from increased liability), the premium difference is $700/year. Is this crazy high, because from what I've read it seems like it is? 16 year ol...