Search found 3398 matches

by chevca
Thu Apr 02, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18598

Re: Why does anyone invest in international funds?

Is absolutely true, and why these threads always blow up. I mean... Not so fast: there is undoubtedly a large but quiet group of Bogleheads who take the moderate and (IMHO) reasonable position of "US stocks are good enough for me, and I just don't feel comfortable with international stocks in my po...
by chevca
Thu Apr 02, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to invest in stocks ? Apr 2020
Replies: 15
Views: 757

Re: HELOC to invest in stocks ? Apr 2020

Thanks for the advice guys. The reason why I considered it was that bogleheads generally strongly advises not paying off the mortgage and instead invest in index funds ( dollar cost averaged) . I was stupid and paid off my mortgage. Now that the market has crashed 25-30% , isn’t that a good time fo...
by chevca
Thu Apr 02, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18598

Re: Why does anyone invest in international funds?

The difference in these threads.... US only folks.... I think US only is fine, it's likely to give good returns, and if others want to hole US and INT no biggie it probably won't make much of a difference. INT folks... You have to hold INT, you're wrong to hold US only, the experts all say hold both...
by chevca
Thu Apr 02, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18598

Re: Why does anyone invest in international funds?

So, no one knows, right? It's just as wrong to cram international down folks' throat like the HAVE TO have it. To each their own. Global indexing is a neutral starting point. I'm not trying to cram anything down anyone's throats , just point out the obvious. People can and should deviate from defau...
by chevca
Thu Apr 02, 2020 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to Buy a Rental?
Replies: 6
Views: 552

Re: Waiting to Buy a Rental?

I'd wait at least until the no rent exceptions are lifted in most places. :happy It is timing. But, in this case it seems reasonable to me. Looking to get into rental properties, it seems wise to wait a bit while current issues play out. The issues could lower the housing market, or maybe not. The i...
by chevca
Thu Apr 02, 2020 9:07 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to invest in stocks ? Apr 2020
Replies: 15
Views: 757

Re: HELOC to invest in stocks ? Apr 2020

I have a paid off home. What are your thoughts on taking (up tp 80%) of home equity out as a HELOC and investing it in S&P index funds now in the middle of Covid (Apr 2020) ? We are middle aged (late thirties) couple. Have good incomes and good NW. But with Covid, everything is up in the air I don'...
by chevca
Wed Apr 01, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

I see a slow uphill climb of rates starting .... sometime. I couldn't say when with it being one thing after another it seems. But, my best guess is we're in a similar to post WWII time and we'll make that slow climb up. Just a guess though.
by chevca
Wed Apr 01, 2020 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Forbearance
Replies: 18
Views: 1667

Re: Mortgage Forbearance

Details online for a 3 month forbearance on mortgages at my particular lender say the options after three months up are pay Balance of amount not paid immediately Call to setup payments of balance over time Call to see about re doing mortgage w/ balance added to the end of loan Call to Extend forbe...
by chevca
Wed Apr 01, 2020 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Utah Remote Job, where will you relocate ?
Replies: 35
Views: 1993

Re: Utah Remote Job, where will you relocate ?

Have you ever been out of the Midwest? I don't ask that to be mean. I'm asking because I grew up in MN, and if I think of what you're thinking of as a backyard garden, you may not find that in lots of 10 month sunshine areas. At least in the natural ground. There just isn't great dirt and soil ever...
by chevca
Wed Apr 01, 2020 12:40 pm
Forum: Personal Investments
Topic: Change 401k contributions from traditional to Roth?
Replies: 18
Views: 978

Re: Change 401k contributions from traditional to Roth?

Decision between traditional 401k and Roth is a matter of "tax rate" including everything such as IRMAA. However, in the case of a wash between the two, isn't it better to contribute to traditional in the down market because you get more shares? Not arguing with that (because I'm not certain of the...
by chevca
Wed Apr 01, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Utah Remote Job, where will you relocate ?
Replies: 35
Views: 1993

Re: Utah Remote Job, where will you relocate ?

Have you ever been out of the Midwest? I don't ask that to be mean. I'm asking because I grew up in MN, and if I think of what you're thinking of as a backyard garden, you may not find that in lots of 10 month sunshine areas. At least in the natural ground. There just isn't great dirt and soil every...
by chevca
Wed Apr 01, 2020 12:09 pm
Forum: Personal Investments
Topic: Worth Refinancing to hedge bets?
Replies: 9
Views: 652

Re: Worth Refinancing to hedge bets?

Hedging your bets against a "currently unlikely" situation... nope, doesn't make sense to me.

If you're selling stocks because you're worried about them going down more.... and, you're worried about having a mortgage payment if an unlikely situation occurs, sell stocks and pay off the mortgage.
by chevca
Wed Apr 01, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18598

Re: Why does anyone invest in international funds?

So, no one knows, right?

It's just as wrong to cram international down folks' throat like the HAVE TO have it. To each their own.
by chevca
Wed Apr 01, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

That was cheap for the 70s! I had a 9 something percenter in the late 90s.
by chevca
Wed Apr 01, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18598

Re: Why does anyone invest in international funds?

P.S. Jack Bogle was right - I completely agree with what he said: "If there's one place I don't want people to take my advice, it's international. I want you to think it through for yourself." I was there, in person, when he said it. https://www.bogleheads.org/forum/viewtopic.php?t=104781 Don't say...
by chevca
Wed Apr 01, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Utah Remote Job, where will you relocate ?
Replies: 35
Views: 1993

Re: Utah Remote Job, where will you relocate ?

True, but the 10 months of sun want do limit the choices somewhat. That's why I didn't say entire west half of the country. :happy
by chevca
Wed Apr 01, 2020 10:19 am
Forum: Investing - Theory, News & General
Topic: Buying only top 10 S&P500 companies every year
Replies: 55
Views: 3554

Re: Buying only top 10 S&P500 companies every year

Yes, OP, you might not want to be so defensive. Instead of "useless comment", try asking why or how? Folks are answering your question.
by chevca
Wed Apr 01, 2020 10:14 am
Forum: Personal Investments
Topic: Change 401k contributions from traditional to Roth?
Replies: 18
Views: 978

Re: Change 401k contributions from traditional to Roth?

David Jay wrote: Wed Apr 01, 2020 9:16 am
[edit] My real point is that the decision should be tax bracket based, not “this market downturn” based.
This ^^

If traditional contributions made sense for you in January, they still make sense for you.
by chevca
Wed Apr 01, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: Buying only top 10 S&P500 companies every year
Replies: 55
Views: 3554

Re: Buying only top 10 S&P500 companies every year

Are you asking this because you think the top 10 companies make up most of the returns for the S&P 500? That's probably a good assumption. I haven't checked nor do I want to. But, I'd think you could compare the DOW and the S&P 500 returns to get a pretty good idea what the top 10 or 30 companies wo...
by chevca
Wed Apr 01, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

What?? :confused Like I read in Larry Swedroe's book, 'if predicting the stock market is difficult, predicting interest rates is impossible'. The two are not automatically going to go in opposite directions as you imply. So, if stocks go down, interest rates should go up then, right? As I said, to e...
by chevca
Wed Apr 01, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

So, you wouldn't hold interest only and adjustable mortgages forever in a rising or high mortgage rate environment? You just think they're great for now?
by chevca
Wed Apr 01, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Utah Remote Job, where will you relocate ?
Replies: 35
Views: 1993

Re: Utah Remote Job, where will you relocate ?

Just within an hour or two flight of Utah? Your options are about the entire Southwest. Have you been to any of those states... like any of them more than others?
by chevca
Wed Apr 01, 2020 9:14 am
Forum: Personal Investments
Topic: Stay in or go on the sidelines
Replies: 10
Views: 1156

Re: Stay in or go on the sidelines

Are you in retirement, do you need to preserve capital, or do you have decades to go before retirement?
by chevca
Wed Apr 01, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

Like I said, it's been a good decade to have an ARM.

Would you like it if mortgage rates were rising?... or in the 6, 8, or 10 percent range?
by chevca
Wed Apr 01, 2020 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Combining loans idea
Replies: 3
Views: 277

Re: Combining loans idea

It certainly wouldn't be a horrible idea. But, there's really no reason to pay off the rental. I'm not a fan of debt either, but the debt on the rental is not bad debt to have. I still say, leave things as they are and focus on knocking out the HELOC. Then you're good. I wouldn't pay down either hou...
by chevca
Wed Apr 01, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

There's a timing thing involved as well. The interest only and ARMs being argued for in this one haven't been all that bad for the past decade. Because mortgage rates have gone down and stayed down. I wonder if they'd feel so good about them in a rising or high mortgage rate environment?
by chevca
Wed Apr 01, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

So, still no link to anyplace offering one nowadays... I'm impressed by your effort.... FWIW - I do not know what 'nowadays' means but we had an interest only mortgage less than 10 years back. A 30 year fixed rate interest only? I know interest only mortgages exist. I had one myself in 2005... a 2 ...
by chevca
Tue Mar 31, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

WS1 wrote: Tue Mar 31, 2020 6:54 pm My favorite part about this thread is it’s just a string of people calling HEDGEFUNDIE a liar
They've been asked to show an example plenty, so until then.....
by chevca
Tue Mar 31, 2020 7:32 pm
Forum: Investing - Theory, News & General
Topic: The most long-term-profitable emotion in investing.
Replies: 48
Views: 2728

Re: The most long-term-profitable emotion in investing.

jpmorganfunds wrote: Tue Mar 31, 2020 7:31 pm P A T I E N C E
Beat me to it... +1
by chevca
Tue Mar 31, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: AirBnb Host Refusing COVID-19 Refund
Replies: 9
Views: 1188

Re: AirBnb Host Refusing COVID-19 Refund

I just saw that on the news today that AirBnb is giving refunds. Is the host aware of this yet? Maybe they're not?

Otherwise, I'd say go above the host... bug AirBnb until you get the refund.
by chevca
Tue Mar 31, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: House Buying Advice - Contract Already Signed
Replies: 39
Views: 3816

Re: House Buying Advice - Contract Already Signed

OP talked of giving the current landlord a 60 day notice. I'm guessing the June closing was wanted by the OP due the the current rental lease ending then, or just worked out well for seller and buyer? I doubt it's a financing thing.
by chevca
Tue Mar 31, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: House Buying Advice - Contract Already Signed
Replies: 39
Views: 3816

Re: House Buying Advice - Contract Already Signed

We put an offer on a home and also had to go a few thousand over the asking price to get the house. We love the house, we love the town and need to stay in a confined area so my two daughters don't have to change elementary schools. We moved to this area in October so moving them to another element...
by chevca
Tue Mar 31, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Combining loans idea
Replies: 3
Views: 277

Re: Combining loans idea

I wouldn't change a thing. You have a great rate and only 8 year left on the primary home. Someone else pays the rental mortgage interest for you, and you get to claim the tax deduction from it. Leave things as they are, IMO.
by chevca
Tue Mar 31, 2020 6:21 pm
Forum: Personal Investments
Topic: Rebalancing thoughts for this current market
Replies: 8
Views: 922

Re: Rebalancing thoughts for this current market

What's the point of having a rebalance band if you're not going to follow it?
by chevca
Tue Mar 31, 2020 6:17 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

So, still no link to anyplace offering one nowadays... I'm impressed by your effort.... FWIW - I do not know what 'nowadays' means but we had an interest only mortgage less than 10 years back. A 30 year fixed rate interest only? I know interest only mortgages exist. I had one myself in 2005... a 2 ...
by chevca
Tue Mar 31, 2020 2:55 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

So, still no link to anyplace offering one nowadays...

I'm impressed by your effort....
by chevca
Tue Mar 31, 2020 2:55 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

So, still no link to anyplace offering one nowadays...

I'm impressed by your effort....
by chevca
Tue Mar 31, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

That's not a link to a set rate interest only mortgage. It just goes to the initial refinance page. I'm interested in you proving your point. I'm not going to look around and prove it for you. I'll take it you can't do so....
by chevca
Tue Mar 31, 2020 1:17 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

Why don't you share a link of one that isn't adjustable then? I've not seen that before.
by chevca
Tue Mar 31, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: With a volatile stock market account, how do I track retirement progress?
Replies: 13
Views: 742

Re: With a volatile stock market account, how do I track retirement progress?

What... is this a trick question? :confused What possible good could net worth numbers from January, last year, 5 years ago, a guess at the future, or some average of any of them do?? Live in the now. That's all you can count. Sometimes we will all lose money being invested in the stock market. Why ...
by chevca
Tue Mar 31, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11888

Re: Mortgage - Keep balance as High as Possible

Can someone explain to me the end-game of an interest-only mortgage? I’ve never seen a quote for one that goes past 10 years (HEDGEFUNDIE say he was quoted a 30-year but WF doesn’t advertise them as far as I can see) but then what? I’m sure the bank would love to collect interest for X number of ye...
by chevca
Tue Mar 31, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Home Buying Advice- Sitting On Cash
Replies: 2
Views: 336

Re: Home Buying Advice- Sitting On Cash

If it's going to be your "last house", I really wouldn't worry about the short term housing market. I would look and buy when you're ready. Whatever happens over the next year or so isn't likely to matter much in the long run.
by chevca
Tue Mar 31, 2020 9:30 am
Forum: Personal Consumer Issues
Topic: How to "Reverse" an Exterior Door Pet Door Piece?
Replies: 14
Views: 918

Re: How to "Reverse" an Exterior Door Pet Door Piece?

I found the perfect, used exterior door that has a built-in doggy/pet door. It's exactly what I want except that my existing door handle on the interior is on the right, and the new door's interior door handle is on the left. Because of the room orientation, I really need to keep the interior door ...
by chevca
Tue Mar 31, 2020 9:17 am
Forum: Personal Investments
Topic: Strategy to being allowed penalty and tax free withdrawals from retirement account?
Replies: 3
Views: 333

Re: Strategy to being allowed penalty and tax free withdrawals from retirement account?

So I understand, you're talking, let's use $19500, about taking out $58500 (3x) now to buy more shares, then paying that money back over the next 3 years, and not making regular contributions because you're paying the loan back?
by chevca
Tue Mar 31, 2020 9:10 am
Forum: Personal Investments
Topic: Use emergency fund to maintain investments?
Replies: 16
Views: 1324

Re: Use emergency fund to maintain investments?

Others were furloughed, so I am fortunate! So, you may be next... and you want to start dipping into the emergency fund to fill investment accounts? Uh, no. This forum can really skew priorities. It's a little worrisome, really. Filling the 401k is not the most important thing in life. Not that fol...
by chevca
Tue Mar 31, 2020 9:01 am
Forum: Personal Finance (Not Investing)
Topic: What is best option for freeing up a lot of cash?
Replies: 30
Views: 1939

Re: What is best option for freeing up a lot of cash?

They are adults and need to figure their money situation themselves. IMHO, don't borrow money to give to them, at least this early in the game. Or even mention that you might. Oh I agree. They just know in general that we are there for them. They are all very responsible… Great track records in bei...
by chevca
Mon Mar 30, 2020 10:24 am
Forum: Investing - Theory, News & General
Topic: How do I avoid falling prey to this potential bear market rally?
Replies: 39
Views: 4374

Re: How do I avoid falling prey to this potential bear market rally?

Times like these show how human, human beings are, huh? Any other year, OP and folks bringing similar things up, probably just do a backdoor or Roth contribution without thinking about it. They still could gain or lose a percent or two the day after since we never know. But now.... they wait, want t...
by chevca
Mon Mar 30, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: What is best option for freeing up a lot of cash?
Replies: 30
Views: 1939

Re: What is best option for freeing up a lot of cash?

So, you already have the HELOC, and it's there ready to be tapped anytime? Why are you looking at any other options?? You're overthinking this.
by chevca
Mon Mar 30, 2020 10:09 am
Forum: Investing - Theory, News & General
Topic: How do I avoid falling prey to this potential bear market rally?
Replies: 39
Views: 4374

Re: How do I avoid falling prey to this potential bear market rally?

A backdoor Roth cannot involve more than about $7000 of money. If you are worried about losing $3K to $4K, then you need to get a bigger portfolio to start with. That fact that you have to do a backdoor Roth instead of just contributing means that you had a lot of income --- so much that $3K to $4K...