Search found 368 matches

by GibsonL6s
Fri Jul 10, 2020 3:24 pm
Forum: Personal Investments
Topic: Any Commercial Landlords Out There? Questions Abt Non-Paying NNN Tenant
Replies: 28
Views: 2365

Re: Any Commercial Landlords Out There? Questions Abt Non-Paying NNN Tenant

She needs a local commercial real estate attorney who does commercial evictions. There is no reason to wait if they haven’t paid rent imho. The notices and eviction process should start now. If you can find a firm that also does bk that would be preferable. How did she end up with a recourse loan t...
by GibsonL6s
Thu Jul 09, 2020 10:57 pm
Forum: Personal Investments
Topic: Any Commercial Landlords Out There? Questions Abt Non-Paying NNN Tenant
Replies: 28
Views: 2365

Re: Any Commercial Landlords Out There? Questions Abt Non-Paying NNN Tenant

She needs a local commercial real estate attorney who does commercial evictions. There is no reason to wait if they haven’t paid rent imho. The notices and eviction process should start now. If you can find a firm that also does bk that would be preferable. How did she end up with a recourse loan th...
by GibsonL6s
Sat Jun 27, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Independant contract offer, what am I missing?
Replies: 21
Views: 1521

Re: Independant contract offer, what am I missing?

I would be most concerned with liability. If you are visiting their sites, make sure you have a general liability policy to cover you from any accidental harm you do. Nest is professional liability. If you are performing a service for them do you have professional liability insurance for your work. ...
by GibsonL6s
Wed Jun 24, 2020 9:15 pm
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 221
Views: 11474

Re: What is the single best piece of exercise equipment you bought for your home?

Since quarantine I have bought a resistance band set and must say they are quite versatile. Combined with a weighted jump rope which I already had and you have a great workout for about $100.
by GibsonL6s
Wed Jun 24, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: Study claims active management better than benchmarks
Replies: 30
Views: 3117

Re: Study claims active management better than benchmarks

My retirement porfolio is in a vanguard balanced fund, I'm a believer. However, it really gets to me when people like my friend who uses a FA has become wealthy. As an example, just one of his holdings was 100k in Amazon and now it's worth millions. He's averaged around 15% per year. Much better th...
by GibsonL6s
Tue Jun 23, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help: Severance Package Concern - Update #4 and Thank you All
Replies: 97
Views: 7833

Re: HELP: Severance Package Concern

Agree with meet and don't sign. Say something like since this is a legal document, I will need to have it reviewed by counsel, which of course I am sure you and the megacorp expect and support and then just sit back and watch and listen.

Good luck
by GibsonL6s
Mon Jun 22, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: Commercial Lease - Keep Paying?
Replies: 5
Views: 699

Re: Commercial Lease - Keep Paying?

Not a lawyer but involved commercial real estate. I am unclear did the landlord actually deliver the space to you in the condition it was supposed to be delivered. If not he may have defaulted which would change the dynamic. Additionally due to COVID the issue of force Majeur could come into play fo...
by GibsonL6s
Mon Jun 15, 2020 4:47 pm
Forum: Personal Investments
Topic: Opinion of HNW Portfolio [High Net Worth]
Replies: 33
Views: 4401

Re: Opinion of HNW Portfolio [High Net Worth]

Industrial is one of the better places to be in this market and having no debt is great as well. I assume from the prop 13 comment these are in California, which is a notoriously difficult place to develop, so you probably have a nice competitive edge. Yes if you have net leases and prop 13 is repea...
by GibsonL6s
Mon Jun 15, 2020 11:28 am
Forum: Personal Investments
Topic: Opinion of HNW Portfolio [High Net Worth]
Replies: 33
Views: 4401

Re: Opinion of HNW Portfolio [High Net Worth]

Perspective of someone in institutional real estate. Is the 30 million of real estate the value gross or net of debt. Is it 30 million of real estate free and clear, or 100 million of real estate with 70 million of debt. These are two very different things. Now is a very difficult time for all types...
by GibsonL6s
Sat Jun 06, 2020 11:20 am
Forum: Investing - Theory, News & General
Topic: Passive VS Active Stats
Replies: 1
Views: 158

Passive VS Active Stats

Not sure if this has been posted before, but this is an interesting article with statistics on the active vs passive debate. https://www.investmentnews.com/passive-investing-hasnt-taken-over-the-world-169795 I had to sign up for a free account to read this. Takeaways, while passive has slightly over...
by GibsonL6s
Fri Jun 05, 2020 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Seller breach of contract on home. I need advice.
Replies: 64
Views: 6721

Re: Seller breach of contract on home. I need advise.

Went into a contract with a seller of a home. We asked for grounding of upstairs electric as it is only a two prong electrical system. Sellers agreed and signed contract. Upon follow up inspection the sellers did not ground the electric upstairs. They then tried to pass off running a ground wire fr...
by GibsonL6s
Fri Jun 05, 2020 1:49 pm
Forum: Personal Investments
Topic: High interest savings account
Replies: 28
Views: 3516

Re: High interest savings account

Hello, I currently keep extra cash in a Vanguard money market fund. The rates are low now, so I'm thinking that I should move to a high interest savings account. I'm looking for these options: 1. Have good customer service. 2. Be able to transfer money from my personal checking account to this high...
by GibsonL6s
Tue Jun 02, 2020 11:06 pm
Forum: Personal Investments
Topic: Does every one here only have 3 funds in their portfolios?
Replies: 131
Views: 8067

Re: Does every one here only have 3 funds in their portfolios?

I just placed sell orders for all the mutual funds & ETFs that are not total stock / bond / international markets index funds. I understand that this is Bogleheads and that this is also deeply personal but is the 3 fund portfolio the norm here? I don't intend to offend anyone. We've been with this ...
by GibsonL6s
Tue Jun 02, 2020 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan: 0% or Cash Back
Replies: 18
Views: 1563

Re: Car Loan: 0% or Cash Back

You have to run the numbers. On a $20,000 loan at 1.49% for 60 months the payment is $346.11 through your CU. At no interest you just divide the balance by 60 and get $333.33. The total interest savings is $346.11 - 333.33 = $12.78 a month or $766.80 total which has an even lower present value. So i...
by GibsonL6s
Mon Jun 01, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Individual investors get burned by collapse of complex securities
Replies: 44
Views: 4715

Re: WSJ: Individual investors get burned by collapse of complex securities

Unfortunately I was in one of these and it was a 99% loss. My fault as I was not watching it as I was extremely busy with work at the time and was "tuning out" the market on the rest of my portfolio. In hindsight, a stop loss would have prevented a total loss.
by GibsonL6s
Fri May 22, 2020 10:24 am
Forum: Personal Investments
Topic: Selling Commercial Property - Opportunity Zone Make Sense?
Replies: 4
Views: 339

Re: Selling Commercial Property - Opportunity Zone Make Sense?

Opportunity zones allow non real estate capital gains to be reduced if you are in the new property 10 years. So if you have gains from an appreciated stock you can defer and forgive some by buying OZ real estate. In your instance you can also 1031 to another property to defer gains. So you have 2 op...
by GibsonL6s
Fri May 15, 2020 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Shopping for Title Insurance
Replies: 29
Views: 1480

Re: Shopping for Title Insurance

There are only a few title insurers left. a few companies under under the same ownership. You can use this to see the prices of a few companies by inputting your transaction.

Good luck


http://www.anytimeestimate.com/TITLE_IN ... urance.htm
by GibsonL6s
Thu May 14, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Husband Died and Spouse lack of knowledge.
Replies: 37
Views: 6212

Re: Husband Died and Spouse lack of knowledge.

Sorry for your friends loss. Another source of information would computers and cell phones either at home or the business. Email accounts, favorites will all hold clues if they can be accessed. It is also time to start showing up to the business and seeing what goes on. Figure out who the landlord i...
by GibsonL6s
Thu May 14, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation question
Replies: 17
Views: 1025

Re: Attn: Social Security Calculation experts!

Thanks Milktoast! Good to know it's the highest 35 highest earning years, rather than last 35 yrs. It's amazing how we all believe and have different information about SS. Hopefully, when my statement comes out with 2020 earnings, I will see an increase in FRA SS since one of the zero earnings will...
by GibsonL6s
Wed May 13, 2020 11:30 pm
Forum: Personal Consumer Issues
Topic: kia ivt failures [Intelligent Variable Transmission]
Replies: 6
Views: 654

Re: kia ivt failures

Kia I believe has a 10 year 100k mile transmission but an ivt is a form of cut transmission which has been a spotty product. They can’t be fixed and need to be replaced as a unit. I would get it fixed under warranty and then decide if you want to keep it.
by GibsonL6s
Wed May 13, 2020 9:55 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income lessons learned from Coronavirus?
Replies: 48
Views: 4331

Re: Fixed Income lessons learned from Coronavirus?

rockstar wrote:
Wed May 13, 2020 8:47 pm
Don't buy CDs. Stick with short term t-bills.
Why, if they yield less than an online savings account or CD?
by GibsonL6s
Wed May 13, 2020 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7917

Re: Should you include home equity in Net Worth?

I use a zillow estimate on the asset side of the balance sheet and put my current loan balance on the liabilities side, so yes it is included in my NW.
by GibsonL6s
Mon May 11, 2020 7:53 pm
Forum: Investing - Theory, News & General
Topic: Best fixed income options
Replies: 30
Views: 2935

Re: Best fixed income options

unless I missed it, you didn't say how much she invested or loaned the company, if she got all her principal and the "borrower" was just paying an above market rate, I would move on. If there was significant principal loss then you may want to think about what else to do. Was there paperwork? In the...
by GibsonL6s
Mon May 11, 2020 7:49 pm
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9503

Re: Ally lowers APR on savings from 1.5% to 1.25%

I recently moved some money to CIT for upcoming college funding presuming there are classes :D I have avoided CDs outside of my Schwab account because I like the simplicity of mostly everything in one place and I don's want to have to worry about CDs auto renewing and many places dont allow trusts o...
by GibsonL6s
Sat May 09, 2020 8:45 pm
Forum: Investing - Theory, News & General
Topic: Best fixed income options
Replies: 30
Views: 2935

Re: Best fixed income options

Long time lurker, first post.... I am looking for options for fixed income, bonds, CD's etc. Long story but my wife's Grandmother left a trust where my MIL has rights to interest but not the principle. My wife and her two sisters will eventually inherit the principle. The executor was my MIL's brot...
by GibsonL6s
Thu May 07, 2020 10:39 pm
Forum: Personal Investments
Topic: Rental Property - Exit Plan!
Replies: 30
Views: 3428

Re: Rental Property - Exit Plan!

You are getting about a 2% cash on cash return. Unless you think there is a tremendous amount of additional upside or you plan to one day use the property for vacationing, I would sell or 1031 into something else.
by GibsonL6s
Thu May 07, 2020 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this annuity?
Replies: 18
Views: 1280

Re: Should I buy this annuity?

Age 80, retired, comfortable income. My wife and I have over $2 million in Vanguard Intermediate Tax-Exempt, current distribution yield about 2.5% tax free; expect this to decrease as SEC yield is 1.83%. I'm thinking of taking $500,000 of this to buy an SPIA from NY Life (rated A++), dual life, 100...
by GibsonL6s
Mon May 04, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Home Title Lock Service
Replies: 4
Views: 625

Re: Home Title Lock Service

This is one of the tougher frauds to pull off due to the paper trail it leaves. If a fraudster forges your deed in order to monetize the property they need to mortgage it or sell it. The person they sell it would be protected by title insurance if they are a "legitimate" but unknowing buyer. So they...
by GibsonL6s
Mon May 04, 2020 6:50 pm
Forum: Investing - Theory, News & General
Topic: Uh, Cramer? [urging us to dump S&P 500 index funds]
Replies: 15
Views: 2226

Re: Uh, Cramer?

CNBC is like Sports Center for the financial markets, a bunch of people commenting on an activity they are not directly involved in, nor directly influencing the outcome of. In other words, you can enjoy either activity as a participant or a spectator without listening to them and have a very enjoya...
by GibsonL6s
Tue Apr 28, 2020 9:24 am
Forum: Personal Investments
Topic: Ally, Synchrony or Barclays for Online Savings Account
Replies: 12
Views: 1168

Re: Ally, Synchrony or Barclays for Online Savings Account

The problem with Marcus is you can’t put an account in the name of a trust nor name a trust as beneficiary. At least with cit you can name a trust as beneficiary.
by GibsonL6s
Mon Apr 27, 2020 8:52 pm
Forum: Personal Investments
Topic: Brighthouse Shield Annuity Pitched to Parents - check my work?
Replies: 23
Views: 1620

Re: Brighthouse Shield Annuity Pitched to Parents - check my work?

With this type of product, you give up the dividends, cap the upside and you can only "withdraw" 10% a year until maturity. Not sure the tax ramifications, but you loose the ability to TLH. Generally people here prefer SPIA, which are reverse insurance, ie insurance against living too long. You pay ...
by GibsonL6s
Sun Apr 26, 2020 12:07 am
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8311

Re: Mother has only $85K to sustain her

I agree on first questioning the idea the house is not hers and she needs to move out. Check title demand copies of wills and bank accounts pension statements etc. This is not a a time to be passive you may be trying to solve a problem that doesn’t exist. You might be surprised how often a second s...
by GibsonL6s
Sat Apr 25, 2020 6:55 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8311

Re: Mother has only $85K to sustain her

I agree on first questioning the idea the house is not hers and she needs to move out. Check title demand copies of wills and bank accounts pension statements etc. This is not a a time to be passive you may be trying to solve a problem that doesn’t exist.
by GibsonL6s
Sat Apr 25, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: DD's apartment complex requires renters insurance
Replies: 50
Views: 2097

Re: DD's apartment complex requires renters insurance

I manage portfolios of apartments, it is required in most leases and cheap. I have seen many renters wiped out because they did not have it. Get a policy that covers your contents and has liability, if you have lap tops and computers see if you can get a floater. For a few bucks more you can get $30...
by GibsonL6s
Sat Apr 25, 2020 1:00 pm
Forum: Personal Investments
Topic: Intermediate term tax exempt bond fund
Replies: 27
Views: 2391

Re: Intermediate term tax exempt bond fund

I think this is a tough question to answer as there is no recent case law of states going BK, only counties and I believe cities. With the corporate BK of GM years ago bond holders were compromised which was previously not done. It is my understanding that one of the reasons some funds are higher ra...
by GibsonL6s
Thu Apr 23, 2020 7:57 pm
Forum: Personal Investments
Topic: "Making money" by actively trading... but not beating the market
Replies: 76
Views: 3692

Re: "Making money" by actively trading... but not beating the market

Main Question: How you do talk sense into a person that believes they are "making money" when they are not beating the market? Background: I had a frustrating conversation with a friend recently. (This was before the volatility that Coronavirus brought.) He told me he was actively trading stocks an...
by GibsonL6s
Thu Apr 23, 2020 7:54 pm
Forum: Investing - Theory, News & General
Topic: Who has changed FROM the 3 Fund Portfolio?
Replies: 28
Views: 2205

Re: Who has changed FROM the 3 Fund Portfolio?

I have gone to as little as one ticker in an Inherited IRA for a target date. 3 fund of a different type in one taxable. One stock fund, total bond and a muni ETF. In my other taxable I would be one fund plus some CDs but I am too cheap to pay the capital gains taxes on the three or four stocks I ow...
by GibsonL6s
Thu Apr 23, 2020 2:39 pm
Forum: Personal Investments
Topic: Northwestern Mutual 3.5% on Inherited Cash
Replies: 51
Views: 3779

Re: Northwestern Mutual 3.5% on Inherited Cash

This publication may be helpful, these seem like a good deal if one is ok with the insurer.


https://www.iii.org/article/retained-as ... fact-sheet
by GibsonL6s
Fri Apr 17, 2020 4:33 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 107808

Re: Well, I am market timing due to coronavirus... Wish me luck.

Probably not after taxes and missed dividends, especially after the long run up, this is another reason not to trade in an out
by GibsonL6s
Fri Apr 17, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: Switching from Bond funds to CD ladder
Replies: 26
Views: 1890

Re: Switching from Bond funds to CD ladder

Why not take advantage of some of the higher online savings rates for some of your assets which are higher than both and see where things go.
by GibsonL6s
Fri Apr 17, 2020 3:40 pm
Forum: Investing - Theory, News & General
Topic: Why Do Bonds Generally Move Up When Stocks Move Down
Replies: 4
Views: 340

Why Do Bonds Generally Move Up When Stocks Move Down

This question has always interested me. Bond generally a negatively correlated to stocks, but I am curious as to why. When stocks do poorly is it the flight to quality or the fact that during recessionary periods and crises the federal reserve tends to lower interest rates. With interest rates this ...
by GibsonL6s
Mon Apr 13, 2020 3:40 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17820

Re: Ponzi Scheme?

Sadly, I saw a friend of a relative lose over 1 million including cashing out a lump sum pension.The scam was a local "investor" who supposedly bought underperforming businesses and turned them around and sold them for a profit. The return again were high but not astronomical. I remember asking him ...
by GibsonL6s
Sun Apr 12, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: The Price of Simplicity
Replies: 1
Views: 523

The Price of Simplicity

Right now I have all of my finances either at Schwab including my 401K and one bank. I combine my EF with my fixed income and had a mini ladder of 1 year T Bills rolling each quarter. The yields are so low now that I started looking at CD and online savings accounts. CIT bank is offering 1.75% on sa...
by GibsonL6s
Wed Apr 08, 2020 4:47 pm
Forum: Investing - Theory, News & General
Topic: Reading Balance Sheet
Replies: 23
Views: 1061

Re: Reading Balance Sheet

Does anyone have any ideas/how to interpret a balance sheet? I'm asking in hopes of finding data point(s) to use to decide on buying a stock. Any other data points would be gladly appreciated too (P/E ratio, EPS, reading 52 week highs/lows, etc). :oops: :moneybag :confused Not to be snarky, but the...
by GibsonL6s
Mon Apr 06, 2020 4:38 pm
Forum: Personal Consumer Issues
Topic: Will I regret getting rid of my 12-string guitar?
Replies: 17
Views: 1229

Re: Will I regret getting rid of my 12-string guitar?

I have never owned but have played a few 12 strings and they feel like a novelty to me. There are of course a few iconic songs that use them, but unless I was in a band that played these tunes, I wouldn't bother to own one. Note, I mostly play electric and love the blues, so I am using 9s to be able...
by GibsonL6s
Fri Apr 03, 2020 2:55 pm
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 136
Views: 11444

Re: Do you want to own the whole haystack when someone has a blowtorch?

Questioning my bogelhead core ideals. Generally we want diversification. It is a benefit. Are we sure it is a benefit during a pandemic. Won’t there be obvious winners and losers? Winners: 3M, Costco, Zoom, Amazon... others I will not share here. I feel I have as a physician very specific epidemic ...
by GibsonL6s
Thu Apr 02, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6341

Re: Should I keep paying fitness center fees while it is closed?

I belong to two gyms. The one near work is a small independent and they asked nicely if those who could pay dues would so they could pay their people so I never asked for a reduction as I feel this is a form of charity and it helps people I actually know. The other gym is LA Fitness they proactively...
by GibsonL6s
Thu Apr 02, 2020 10:39 am
Forum: Personal Investments
Topic: Any high bracket investors dumping munis?
Replies: 127
Views: 9514

Re: Any high bracket investors dumping munis?

I sold some of the Nuveen ST HY muni fund and bought CEF NAC when the discount was 20+ percent and I realized I was ok with a bit of LT state specific muni.
by GibsonL6s
Thu Apr 02, 2020 10:27 am
Forum: Personal Investments
Topic: Anyone here depressed just looking at their portfolio?
Replies: 122
Views: 7571

Re: Anyone here depressed just looking at their portfolio?

I agree with the poster who said you have to look to insure no fraud. However, I always look in part to train my emotions. In reality if it causes you an severe adverse emotion, you most probably have the wrong AA. No one likes seeing reduced net worth, but if you can't look or it impacts your emoti...