Search found 176 matches

by ThePrince
Tue Jan 23, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 23
Views: 1275

Re: High Yield Savings Account Recommendations?

Exafchick wrote:
Tue Jan 23, 2018 4:04 pm
indyfish wrote:
Tue Jan 23, 2018 2:06 pm
I have a Barclay's account - they just went up to 1.50 APY today for their savings account.
I just checked my Barclay's savings account and APY is still 1.40.
I just checked and the interest rate for Barclays savings account is indeed 1.50%.
by ThePrince
Tue Jan 23, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 23
Views: 1275

Re: High Yield Savings Account Recommendations?

Longtime Barclays user too. Barclays' yields on its savings account and CDs are usually better than Ally and Capital One.
by ThePrince
Mon Jan 22, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 370
Views: 59915

Re: What's your one big takeaway from the Crash of 2008?

I changed my allocation to OVERWEIGHT and buy more equities. After all there was a huge SALE on WALL STREET. I mean if the department or grocery store has a sale shouldn't you take advantage of the cheap prices? Absolutely... I couldn't do it though... I never came close to selling my stocks, and a...
by ThePrince
Mon Jan 22, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 33
Views: 3876

Re: The Power of Working Longer

How about the power of saving more. There, I like that much better.
by ThePrince
Sun Jan 21, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: A 4-5% rebalance to bonds barely budges risk/return
Replies: 43
Views: 3242

Re: A 4-5% rebalance to bonds barely budges risk/return

past performance has no bearing on future results, i dont know if it matters what the difference was in the past This seems to overstate it a bit. It's imperfect but it's all we've got. SOMETHING has to drive our asset allocation strategies and if not historical returns, then what? Phases of the mo...
by ThePrince
Sun Jan 21, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: A 4-5% rebalance to bonds barely budges risk/return
Replies: 43
Views: 3242

Re: A 4-5% rebalance to bonds barely budges risk/return

Like many, due to this run up I'm now 5% from my target asset allocation (or 75/25 instead of my target 70/30). Interestingly, using Vanguard's Portfolio Tester tool, if I exchange $35k worth of TSM for $35k of Total Bond, here are the results: Your current allocation Average return 9.3% Best year ...
by ThePrince
Sat Jan 20, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: $50K Whole Life Insurance Policy
Replies: 12
Views: 590

Re: $50K Whole Life Insurance Policy

Nate79 wrote:
Sat Jan 20, 2018 2:16 pm
Just get term insurance and cancel this junk.
+1
by ThePrince
Sat Jan 20, 2018 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Cash Back or 0% Financing
Replies: 10
Views: 1096

Re: Cash Back or 0% Financing

There is a non-zero chance that the car will be totaled or sold before the loan is paid off which would add a bit of weight towards taking the cash back. I think you are making the math too complicated. I didn't try to crunch the numbers but the way I would look it is; 1) It takes 60 months(or what...
by ThePrince
Fri Jan 19, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cash Out my NML Whole Life Insurance?
Replies: 45
Views: 3009

Re: Should I Cash Out my NML Whole Life Insurance?

To: ytsejam23 Your loving parents gave you valuable gifts that continue to add value and now can assure your wife will receive money when you die. If the dividends are buying paid up additions every year then you might look at the increase as inflation adjustment that helps maintain purchasing valu...
by ThePrince
Fri Jan 19, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Best International Small Cap Option
Replies: 5
Views: 577

Re: Best International Small Cap Option

I own both PRIDX and VSS.
by ThePrince
Sun Jan 14, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Credit card cash reward for payment
Replies: 10
Views: 1269

Re: Credit card cash reward for payment

Hi, I was reading this "Credit Card Strategy" thread: https://www.bogleheads.org/forum/viewtopic.php?t=192008 But I can not find the credit cards that offer cash reward for payment (not purchase). For example, I can pay my rent to the land lord, my child care expense to the child care provider, my ...
by ThePrince
Sun Jan 14, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1959

Re: How to see YTD% at Vanguard

Vanguard does not display the YTD/custom range returns in %; its always in $; Yes and this is very frustrating. Quite Bush League of them. It is very easy to put your portfolio in Morningstar and you get a YTD computation for your portfolio. I don't think it that big of a deal that Vanguard does no...
by ThePrince
Sat Jan 13, 2018 11:28 pm
Forum: Personal Consumer Issues
Topic: Books on managing (household) finances for couples
Replies: 13
Views: 1136

Re: Books on managing (household) finances for couples

The Total Money Makeover, by Dave Ramsey.
by ThePrince
Sat Jan 13, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 153
Views: 24703

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Barclays savings account is presently paying 1.40%.
by ThePrince
Sat Jan 13, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1959

Re: How to see YTD% at Vanguard

Vanguard does not display the YTD/custom range returns in %; its always in $; Yes and this is very frustrating. Quite Bush League of them. It is very easy to put your portfolio in Morningstar and you get a YTD computation for your portfolio. I don't think it that big of a deal that Vanguard does no...
by ThePrince
Sat Jan 13, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1959

Re: How to see YTD% at Vanguard

outbackcountry wrote:
Sat Jan 13, 2018 11:48 am
Vanguard does not display the YTD/custom range returns in %; its always in $;
Yes and this is very frustrating. Quite Bush League of them.
by ThePrince
Thu Jan 11, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17469

Re: Why Buy Bonds If You Have A Mortgage?

Open a line of credit on your house equity. If market crashes, use line of credit to rebalance. Better rate than Bond. Yikes! Been down that road. I would never borrow against my home equity to invest a dime. +1 It is amusing to read all the supposedly sophisticated ways people use to entertain the...
by ThePrince
Thu Jan 11, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Why Buy Bonds If You Have A Mortgage?
Replies: 187
Views: 17469

Re: Why Buy Bonds If You Have A Mortgage?

Open a line of credit on your house equity. If market crashes, use line of credit to rebalance. Better rate than Bond. Yikes! Been down that road. I would never borrow against my home equity to invest a dime. +1 It is amusing to read all the supposedly sophisticated ways people use to entertain the...
by ThePrince
Thu Jan 11, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Barclays increases interest rate
Replies: 15
Views: 3065

Re: Barclays increases interest rate

Barclays Savings account rate is now 1.40%.
by ThePrince
Thu Jan 11, 2018 1:35 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1573

Re: How to pay for a new kitchen and dinning room

Mingus wrote:
Thu Jan 11, 2018 12:05 am
I can't imagine spending the 25% of the value of a home/land on upgrading one room in the house. Dining room will be a fraction of the cost of the kitchen.

Seems like a foolish use of the banks money.
+1
by ThePrince
Wed Jan 10, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2814

Re: What would you do with a 25 million windfall?

Jags4186 wrote:
Wed Jan 10, 2018 3:20 pm
Backflips
+1
by ThePrince
Tue Jan 09, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 71
Views: 6752

Re: New mattress

The wife is keen on purchasing a new Purple mattress.
by ThePrince
Tue Jan 09, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20750

Re: 2 reasons the elderly might pay-off a mortgage

The older you are the more sense it makes sense to pay off mortgage. Sorry, this is not always true. For example (I'm 93), even though I could afford to pay-off my mortgage, I chose to refinance with a larger (low interest) mortgage. Here's why: * A large part of my net-worth was tied-up in my home...
by ThePrince
Tue Jan 09, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20750

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

I will never pay extra to pay off my 15 years fixed mortgage at 2.5%. I think I can do better than 2.5% with my investment. It's financially unwise to pay it off, in my humble opinion, given the opportunity cost. There, I said it. It’s financially unwise to play arbitrage with interest rates and sw...
by ThePrince
Tue Jan 09, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down mortgage or invest in munis?
Replies: 11
Views: 1215

Re: Pay down mortgage or invest in munis?

Similar scenario but 3.125% mortgage and 2 years to reset (worst case would be 5.125% in 2020, 7.125% in 2021 and 8.125% thereafter) almost coinflip whether or not we will itemize this year depending on charitable deductions, prepaying december/january payment, etc. 33% combined tax rate We're thin...
by ThePrince
Tue Jan 09, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Anything I can do with my home equity?
Replies: 9
Views: 1419

Re: Anything I can do with my home equity?

chevca wrote:
Mon Jan 08, 2018 6:59 am
If your DTI now is 47%, how is moving to a bigger more expensive home a wise thing to do for you? Seems you might need to downsize, if anything.
+1 and your option #2 would be unwise.
by ThePrince
Tue Jan 09, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Large Purchase / Chase Sapphire Question
Replies: 21
Views: 1573

Re: Large Purchase / Chase Sapphire Question

Hello all, I have a large purchase coming up (approx. $5,500) for a trip we are taking later this year. I am thinking of opening a Chase Sapphire Preferred or Reserve card due to the bonus points, though I’m not sure whether this is worth it. The other two cards I have are only 1% cash-back ($55 ca...
by ThePrince
Tue Jan 09, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Pay down student loan or mortgage first
Replies: 18
Views: 1135

Re: Pay down student loan or mortgage first

Nate79 wrote:
Tue Jan 09, 2018 10:25 am
Student loans.
+1
by ThePrince
Mon Jan 08, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?
Replies: 31
Views: 1837

Re: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?

harrington wrote:
Sun Jan 07, 2018 4:32 pm
Of course it's a dumb idea......Cars are a depreciating asset.
+1
by ThePrince
Sat Jan 06, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Domestic SCV? [Small Cap Value]
Replies: 39
Views: 4666

Re: Domestic SCV? [Small Cap Value]

Vanguard's VIOV tracks the same index at IJS, at a lower cost. There may be higher transaction costs, but as a buy-and-hold investor, you'll probably come out ahead with VIOV. I prefer RZV (Guggenheim S&P 600 Pure Value) in a taxable account if your space is limited. RZV gives deeper exposure to sm...
by ThePrince
Sat Jan 06, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: A Tale of Two 529 Plans or Don't Worry It Will All Work Out
Replies: 14
Views: 4368

Re: A Tale of Two 529 Plans or Don't Worry It Will All Work Out

I’m puzzled by people counting the 529 funds as their money and not their children’s money. I get that legally, the money is owned by the parent; however, your children’s AA should be different than the parent’s AA. Also, this money is earmarked for the children’s college expenses, not retirement li...
by ThePrince
Fri Jan 05, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24882

Re: Hitting The Sell Button

I have hit an upper bound rebalancing trigger once again today. But I decided that I am just going to increase the range of my rebalancing bands and not sell at this time. I'll sell when I need to get some money to spend instead. What's the point of having a band if it's elastic? Semi serious, caus...
by ThePrince
Fri Jan 05, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: As a German: Should I go 100% US stocks?
Replies: 50
Views: 3324

Re: As a German: Should I go 100% US stocks?

Being German, I wonder what to make out of different advices concerning passive investing stock allocation. Consensus in German forums etc. advise to invest according to GNP, something along the lines of 30 percent US, 30 percent Europe, 40 percent emerging markets. However, most US investors (Bogl...
by ThePrince
Wed Jan 03, 2018 11:00 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3649

Re: E-reader for ebooks - Pros and Cons

Have a surgery coming up in a couple of weeks (repairing left wheel :annoyed ) that'll put me down for 6-8 weeks so I'm in the market for an E-reader; never owned one before. Most of my reading consists of the WSJ hard copy and on occasion.....when the paper doesn't show up, then I access the digit...
by ThePrince
Wed Jan 03, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 8080

Re: Goodbye Capital One 360!!

I've been with these folks since it was ING Direct (16 years) and I reached the limit of my patience today. I couldn't log in to the site to view our bucks nor could I reach anyone by phone. I shouldn't have to work this hard to do business with anyone! I know this has been discussed many times her...
by ThePrince
Wed Jan 03, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Do Vanguard and Fidelity have automatic rebalancing?
Replies: 14
Views: 1157

Re: Do Vanguard and Fidelity have automatic rebalancing?

I believe their Fidelity Go service may.
by ThePrince
Tue Jan 02, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 2253

Re: Consolidate to Single Financial Institution?

Hi all, I have appointments setup with Vanguard, Schwab and Fidelity to discuss moving my accounts from Wealthfront. While I expected to go straight to Vanguard the others were included for due diligence and potential convenience of having a local branch. Reading threads on this topic Merill Edge i...
by ThePrince
Mon Jan 01, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Company Stock - % in portfolio
Replies: 16
Views: 1092

Re: Company Stock - % in portfolio

By the way, the rule of thumb is to limit ownership in company stock to 10% of your net worth. I would say to make it even less than that. There was a company I worked for in the past, it's stock reached the pinnacle just before the 2008 debacle - 10 years later, the total compounded annual return ...
by ThePrince
Mon Jan 01, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Book Recs for Helping Mother with Finances
Replies: 11
Views: 731

Re: Book Recs for Helping Mother with Finances

My parents are 70+, but even 10 years ago any book (or 10 lbs of books) given to them would not have any effect in changing their long-ingrained way of thinking. A face-to-face discussion, as uncomfortable as it may (will) be, is likely to be more beneficial than a here-read-this book. My parents a...
by ThePrince
Mon Jan 01, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Book Recs for Helping Mother with Finances
Replies: 11
Views: 731

Re: Book Recs for Helping Mother with Finances

The Total Money Makeover by Dave Ramsey.
by ThePrince
Mon Jan 01, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5807

Re: What is your threshold for paying down debt?

Several things for me. Taking loans is spending your income before you have earned it. Worthwhile for a home at a reasonable price. I've worked at the same employer for 21 years. During that time, the company has seen many layoffs.i've survived. But many folks are ashen faced when they walk out - t...
by ThePrince
Sun Dec 31, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage vs Investing
Replies: 14
Views: 776

Re: Mortgage vs Investing

ACA wrote:
Sun Dec 31, 2017 1:38 pm
grettman wrote:
Sun Dec 31, 2017 12:15 pm
If I were you I wouldn't hesitate at all on this - I would pay cash.
This.

And my reasoning is not even mathematical. Why borrow (leverage) when you don’t need to? Having no debt is a great way to live.
+1
by ThePrince
Sat Dec 30, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Where I need to keep my Emergency cash
Replies: 24
Views: 1863

Re: Where I need to keep my Emergency cash

Wezzley77 wrote:
Sat Dec 30, 2017 5:32 pm
Thanks for the replys everyone. I appreciate the help and will look into them all!
Check out Barclays too. Their savings account rate is generally higher than Ally’s.
by ThePrince
Sat Dec 30, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly my mortgage doesn't seem that great
Replies: 66
Views: 10627

Re: Suddenly my mortgage doesn't seem that great

Cash is king, debt is dumb and the paid off home mortgage is the status symbol of today's Lexus (BMW)-- Dave Ramsey Maybe even more appropriate with the new larger standard deduction. I smiled at the $1 over $24,000 standard deduction to save a quarter. I only paid $15k in interest to save 25 cents...
by ThePrince
Sat Dec 30, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5807

Re: What is your threshold for paying down debt?

rob wrote:
Sat Dec 30, 2017 4:42 pm
Lack of debt gives me options; It's not fear or any other thing you imply....
+1
by ThePrince
Sat Dec 30, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5807

Re: What is your threshold for paying down debt?

TomatoTomahto wrote:
Sat Dec 30, 2017 4:20 pm
I’m like that because I couldn’t help but notice that many of the people who called me an idiot for aggressively paying off my mortgage a decade ago are no longer in the neighborhood. Hmmm.

THIS!
by ThePrince
Sat Dec 30, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 98
Views: 5969

Re: Individual Stocks That Went Bust

Bogleheads - In replaying to other threads, I found myself thinking back to many companies and thus stocks that went bust! Companies that can't miss at the time and were the "future". Here is a list I thought of thus far. Please add any stocks you can think of as many will probably bring back some ...
by ThePrince
Fri Dec 29, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Stoics View on Debt
Replies: 33
Views: 3289

Re: Stoics View on Debt

I receive a daily email from https://dailystoic.com/ . Today's email ... One of the more interesting (and modern) themes running through the works of the Stoics has to do with debt. Seneca particularly is always talking about wealthy Romans who have spent themselves into debt and the misery and dep...
by ThePrince
Thu Dec 28, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly my mortgage doesn't seem that great
Replies: 66
Views: 10627

Re: Suddenly my mortgage doesn't seem that great

Emergency funds: About 4 months Debt: Only our mortgage @4.125% 30 year fixed 350k and 29 years remaining. Tax Filing Status: Married Tax Rate: 22% Federal, 0% State Age: We're in our early 30s. Combined income: $200k I have about $600k in portfolios with about $450k of it in taxable, so I can full...
by ThePrince
Thu Dec 28, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Glide Path
Replies: 9
Views: 828

Re: 529 Glide Path

I was looking into Vanguard 529 glide paths, and all age-based 529 portfolios were extremely conservative in the 18+ year range. Even the most aggressive age-based option was only 10% stocks. It was my understanding that conservative portfolios should still have ~20-30% stocks. What should a 529 lo...