Search found 2725 matches

by chevca
Tue Nov 12, 2019 4:52 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1114

Re: New member, and advice seeker..

You can invest in Vanguards total market index ETF such as VTI https://investor.vanguard.com/etf/profile/VTI I am leaning towards the VTI as a primary fun at 70%, and as a secondary high risk ETF like VGT,(info tech) or VXF (extended market) Those secondary choices are high risk, so 30%. 70/30. Any...
by chevca
Tue Nov 12, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: The End Is Near....Isn't It ?
Replies: 27
Views: 1872

Re: The End Is Near....Isn't It ?

Just like 2016 when the markets were all but guaranteed to crash if a certain person got elected.... that didn't happen either. But, I'm sure this time is different.....
by chevca
Fri Nov 08, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Selling to Carmax: Fix then Quote vs. Quote then Fix
Replies: 23
Views: 1898

Re: Selling to Carmax: Fix then Quote vs. Quote then Fix

Don't fix... take it to Carmax.... see what they offer... if you like the offer, take it... if you don't like the offer, leave and come up with another plan. It's just that simple. :happy As mentioned, you're not going to get your money back if you fix it first. That's only going to make a minor dif...
by chevca
Fri Nov 08, 2019 3:06 pm
Forum: Personal Investments
Topic: New member, and advice seeker..
Replies: 15
Views: 1114

Re: New member, and advice seeker..

This week I opened a Vanguard account, and would like to invest $22K, (that has been sitting in a bank savings account), in an ETF. I am looking for fairly good returns,(growth), at this time. I have more funds available to invest, after I gain more knowledge. The larger investment would probably b...
by chevca
Thu Nov 07, 2019 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 79
Views: 5526

Re: Mortgage to prepay or not prepay

Good ole Bogleheads.... ask a simple question, and get a way over explained bunch of answers. :happy
by chevca
Thu Nov 07, 2019 11:17 am
Forum: Personal Investments
Topic: Is Deferred Compensation Program Risky?
Replies: 19
Views: 2081

Re: Is Deferred Compensation Program Risky?

Which deferred comp. program are you asking about? The company stock, the 529, a 457b, or...?
by chevca
Thu Nov 07, 2019 11:11 am
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

OP, Why are minimum monthly payments in your two examples different from each other? How did you come up with those payment schedules? Look up fixed principal loans. I was not familiar with them either. But, the principal payment is all that is fixed. As the balance goes down, so does the interest ...
by chevca
Thu Nov 07, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 79
Views: 5526

Re: Mortgage to prepay or not prepay

John Laurens wrote:
Wed Nov 06, 2019 10:31 pm
My thinking is it’s probably 60% prioritize taxable investing over prepay mortgage. I figured others had a better sense than me.
That would be my guess also.
by chevca
Wed Nov 06, 2019 5:39 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

Clarice wrote:
Wed Nov 06, 2019 5:34 pm
So all US consumer debt amortizes as I illustrated in the first option?
Certainly the high majority of it is. I'm sure there are exceptions. But, the basic mortgage, auto, and personal loans are like your first option.
by chevca
Wed Nov 06, 2019 5:23 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

I did a little Google searching for fixed principal loans and products and all I got was some definitions and calculators. So, it seems they are a thing. But, no ads or banks seem to be offering them. Granted, I only looked at page 1 of the search results. Why are you asking about this? Do you have ...
by chevca
Wed Nov 06, 2019 5:10 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

In a fixed principal or term loan as you list, what would extra payments even go towards... the balance, or just future payments? As in, you throw an extra $50k at it, does it just knock $50k off the balance that day, or does it go towards the next 5 or 6 payment paying both principal and the future...
by chevca
Wed Nov 06, 2019 5:06 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

Thanks for the help, all. Probably could have been a little clearer in the product type I was referencing. Better off paying amortizing loan before a fixed principal loan it looks like. To the poster who said fixed-principal products don't exist in the US - I doubt that as it is more beneficial for...
by chevca
Wed Nov 06, 2019 5:01 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1598

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

one loan is term and one loan is amortizing What does this even mean? Please define what you mean by a "term" loan and an "amortizing" loan. Term loans do not amortize. That is not a definition. I'm not sure that you understand how loans work. Again, please define what you mean by these two types o...
by chevca
Wed Nov 06, 2019 11:31 am
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2612

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

More money goes in at the tops, and more money goes out at the bottoms. I forget the exact wording and study that's from, but that's the jist of it. We thank people like your dad. :happy
by chevca
Wed Nov 06, 2019 11:26 am
Forum: Personal Investments
Topic: When to get in.
Replies: 21
Views: 2647

Re: When to get in.

Hello, new to sight but long term investor with Bogles Index funds. Just read the Three-Fund Potrfolio book and would like to make changes to my wife’s 401-k (as in sell all and invest in these three funds). Question is, markets high right now. Do I sell, hold in a money market account, then change...
by chevca
Mon Nov 04, 2019 5:43 pm
Forum: Personal Investments
Topic: Assistance with next step
Replies: 6
Views: 548

Re: Assistance with next step

Why not pick Vanguard's Total Stock market fund instead, to keep it simple?

Then it's simply 48 TSM, 12 INT, 40 BND.
by chevca
Mon Nov 04, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: 457b contribution not posting
Replies: 7
Views: 338

Re: 457b contribution not posting

Let it play out a little. HR has done all they can do. Showing them some regulation isn't going to make them able to do anything else at this point. This happened to me one time with my 457b... although, I wasn't the only one... all worked out fine. I was stressed at the time as well. Trust it will ...
by chevca
Fri Nov 01, 2019 2:58 pm
Forum: Personal Investments
Topic: Roth IRA question
Replies: 15
Views: 999

Re: Roth IRA question

mfuentes wrote:
Fri Nov 01, 2019 2:15 pm
I'm very behind where I should be, but i'm fighting my way to my financial goals.
No, you're not. You are doing great starting young and getting on track. You have come to the right place.

I didn't even start thinking about this stuff until I was 39, let alone save anything before that.
by chevca
Thu Oct 31, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 97
Views: 7535

Re: Friend's car caught in flood ?

As I said earlier in this one, WOW! Not a wise choice, IMO. But,...

I'll give him credit for his loyalty and devotion to that flooded out old car... just wasn't going to let her go. There's something to be said for that, I guess. I hope he gets plenty more years out of the car.
by chevca
Tue Oct 29, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4118

Re: California Fires: Landlord/Tenant Question

The reasonableness standard, to me here, is, what control does the landlord have over any natural disaster, wildfire, or any decision a power company make due to a wildfire?.... If the answer is none, they have no responsibility to financially compensate the renter. If the landlord screwed up, cut ...
by chevca
Tue Oct 29, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4118

Re: California Fires: Landlord/Tenant Question

The reasonableness standard, to me here, is, what control does the landlord have over any natural disaster, wildfire, or any decision a power company make due to a wildfire?.... If the answer is none, they have no responsibility to financially compensate the renter. If the landlord screwed up, cut a...
by chevca
Sun Oct 27, 2019 8:08 am
Forum: Personal Investments
Topic: Extra $75k
Replies: 16
Views: 2337

Re: Extra $75k

BlackHawk31 wrote:
Sun Oct 27, 2019 7:29 am
I'm split between these two choices and it's been killing me.
Then you could split the decision. :happy

Half to the mortgage and half to the taxable account. Keep it simple.
by chevca
Sat Oct 26, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Abnormal car brake disk wear?
Replies: 13
Views: 817

Re: Abnormal car brake disk wear?

I just replaced my front brake pads and disks a week ago myself on my 2012 Subaru Outback 3.6R a week ago. The brakes seem to work just fine. No weird noise or anything. I saw that the outer most edge of the driver’s side disk is not sharp anymore. It seems to be worn out a little. The passenger si...
by chevca
Sat Oct 26, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

I.E... there basically is no answer, or there's more than one answer.

I wonder if the OP feels their question was answered? :D
by chevca
Sat Oct 26, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

You mean this... As you can see, like most problems in economics, the answer is “it depends”. Economics is at its core a social science dealing with very complex human behaviour. It tries to do so using mathematics, logic, and quantifiable arguments. This methodology requires the economist to make c...
by chevca
Sat Oct 26, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Abnormal car brake disk wear?
Replies: 13
Views: 817

Re: Abnormal car brake disk wear?

In a week? Seems like cause for concern. No part of the pad should touch the exact outer edge or corner of the disc. Something might not be lined up right.

I don't think they meant sharp like an ice skate blade. But, rather a clear/defined corner/edge.
by chevca
Sat Oct 26, 2019 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

For those that asked or commented on my consumption or investment post... https://www.quora.com/Is-buying-a-house-an-investment-consumption-or-saving-in-macroeconomics I and others see it one way, and you that commented and others see it another way. Just like educated and professional economists. ...
by chevca
Sat Oct 26, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

For those that asked or commented on my consumption or investment post... https://www.quora.com/Is-buying-a-house-an-investment-consumption-or-saving-in-macroeconomics I and others see it one way, and you that commented and others see it another way. Just like educated and professional economists. :...
by chevca
Sat Oct 26, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

I guess this would all lead into the next argument people see two sides of... is a house an investment or consumption item? I see it as a consumption item. Hence, why I feel one spends money on a house.
by chevca
Sat Oct 26, 2019 10:50 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6292

Re: car battery change or not? 2 year old battery

Batteries are heavy. It is not impossible to injure yourself trying to lift one into a hard to reach spot. The open space above the electrolyte in lead acid batteries is filled with an explosive mixture of hydrogen and oxygen gasses. If you somehow manage to ignite that mixture (all it takes is a s...
by chevca
Sat Oct 26, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6292

Re: car battery change or not? 2 year old battery

Be sure you know in advance how many batteries your car has and where they are located. Some vehicles have two. Some locate the battery in the trunk or under a seat. Batteries are heavy. It is not impossible to injure yourself trying to lift one into a hard to reach spot. Why can’t auto manufacture...
by chevca
Sat Oct 26, 2019 8:18 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6292

Re: car battery change or not? 2 year old battery

Good ole Bogleheads where things need to be taken to the extreme with the horror movie scenario where one's battery won't start, right? :oops:
by chevca
Sat Oct 26, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

These always make me think of the cash buyer. Say someone actually did SAVE up $300k over years and then spent it on a $300k house. Did they just save $300k twice? :happy No, right? They saved up and then they spent the money. I guess those saying paying down a mortgage is savings mean it's reverse ...
by chevca
Fri Oct 25, 2019 8:49 am
Forum: Personal Investments
Topic: New 401k which funds?
Replies: 12
Views: 373

Re: New 401k which funds?

Desired Asset allocation: 100% stocks / 0% bonds Desired International allocation: 20-30% of stocks FID 500 INDEX (Exp ratio 0.015%) Inception Date 02/17/1988 4.24% 13.38% 10.83% 13.22% 10.28% 09/30/2019 % Done. :happy Get your international in the other accounts you have. Nice and simple.
by chevca
Fri Oct 25, 2019 8:44 am
Forum: Personal Investments
Topic: Sanity check on carrying emergency fund inside 401k (asset location)
Replies: 26
Views: 1587

Re: Sanity check on carrying emergency fund inside 401k (asset location)

That sounds fair, thanks for the reply. I'd put it in the "this sounds like a lot of work to potentially save 0.5% * 30k per year" category. My personality is a bit more of a "find things to optimize" one, and perhaps this is a case where I should optimize my free time and mental space instead of t...
by chevca
Wed Oct 23, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6660

Re: Is principal portion of mortgage counted for savings rate purposes?

Gotta love these threads... Count it if you want. Don't count it if you don't want. Who cares? We can all come up with some formula to make our savings percentages or net worth what we want them to be. As many members as we have on Bogleheads, there seems to be about as many ways to come up with the...
by chevca
Wed Oct 23, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Bought CPO car - checklist incomplete/wrong
Replies: 9
Views: 965

Re: Bought CPO car - checklist incomplete/wrong

Myopic squirrel wrote:
Wed Oct 23, 2019 3:02 pm
In July ....
Um, you realize it October now, right?

To bring up an air filter and tire pressure now seems pretty petty to me. Use this place until you find another and enjoy life. This stuff isn't worth another second of your time.
by chevca
Mon Oct 21, 2019 8:28 am
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12081

Re: High income earner waiting for a bear market to start investing

So, you make a bunch of money, plan to save/invest for 35-40 years, and think waiting to start is a good idea.... that seems logical. :confused And, you want to work until 75-80 because you don't want to be forced to withdraw investment earnings... also not logical. Why have a high salary job, and w...
by chevca
Sun Oct 20, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: 2019 year end car buying experience
Replies: 46
Views: 5081

Re: 2019 year end car buying experience

Uh, you leased a car... you didn't buy a car. I'm not sure your experience relates all that much to buying a car. Huh? That is 100% false. Leasing a car is financing a car. Financing a car is buying a car. Paying in cash is buying a car. You're buying a car at every step of the stage. Albeit, the o...
by chevca
Sun Oct 20, 2019 11:14 am
Forum: Personal Investments
Topic: Roth IRA
Replies: 14
Views: 1536

Re: Roth IRA

Far too complicated for me. There's no need for all those funds/ETFs when you're just starting out. Your contributions are what will make the account grow more than anything until your portfolio gets bigger. Pick one good index fund, target date fund, or balanced fund and call it good for now. Good ...
by chevca
Sun Oct 20, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: 2019 year end car buying experience
Replies: 46
Views: 5081

Re: 2019 year end car buying experience

Uh, you leased a car... you didn't buy a car. I'm not sure your experience relates all that much to buying a car.
by chevca
Sun Oct 20, 2019 10:23 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6292

Re: car battery change or not? 2 year old battery

The ability BHs have to make the simplest things super complicated is absolutely amazing!! :shock: OP, do you know how to open the hood of your vehicle? Do that and check what CCA it says on the sticker. OP, you have AAA and they installed the battery. What do you care what the dealer says? The deal...
by chevca
Sat Oct 19, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6047

Re: Can you claim financial independence with kids still in school

Again, IMO, if you wonder these things or have to ask these questions, you're not FI.
by chevca
Sat Oct 19, 2019 6:33 pm
Forum: Personal Investments
Topic: Getting started
Replies: 12
Views: 639

Re: Getting started

$400k a year?! Yikes, congrats to you. Shoot, do whatever you want with yearly savings like that. Your contributions alone will be the biggest boost to your portfolio until, what $5M, where a 10% year might win? That's more savings and soon to be a bigger portfolio than I feel comfortable giving adv...
by chevca
Sat Oct 19, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6047

Re: Can you claim financial independence with kids still in school

I don't know your definition, OP, but easing up a little and cutting down on the work doesn't equal FI in my definition. If you can't say you never need to work again and you will be just fine, you can't claim FI, IMO.

I'm nowhere near that, so...
by chevca
Sat Oct 12, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Airline compensation
Replies: 8
Views: 1482

Re: Airline compensation

What was the cause of the delay? They can't control the weather. And, if something broke, wouldn't you rather they fix it first?
by chevca
Sat Oct 12, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4667

Re: What workout equipment to get?

Looking to get more exercise at home but all of the equipment seems to be so costly. Ideally looking for one piece of cardio and one piece for strength training that can hit a variety of muscle groups. Any recommendations? Brands that are worth the price? Running shoes... a jump rope... a barbell w...
by chevca
Sat Oct 12, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple mortgages at close to the same time. Advice needed.
Replies: 8
Views: 918

Re: Multiple mortgages at close to the same time. Advice needed.

Why have a "dream" home and a vacation home on a lake? Just make the dream home on a lake.

Skip most of those steps, sell the rental that is in the black, and rent while you guys build your dream home. Seems like the best route to me.
by chevca
Thu Oct 10, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: Neighbor filming a TV Show
Replies: 71
Views: 3844

Re: Neighbor filming a TV Show

It sounds like the main issue is with the young kids in OP's house and filming/lighting going on past their bedtime. Here's an idea... have the kids sleep in a different room away from the street that night. Toddlers and infants can fall asleep anywhere. Why does everything have to rise to the level...