Search found 162 matches

by Lynx310650
Mon Nov 16, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: Roadtrip during this Thanksgiving / CA
Replies: 31
Views: 2463

Re: Roadtrip during this Thanksgiving / CA

I personally wouldn't. Cases keep rising here in CA and I would fear a lot of other people would have the same idea as you do around Thanksgiving. I fear that may be an unintended consequence of advising people not to gather indoors in large groups. So instead of T'giving dinner, people might just h...
by Lynx310650
Tue Nov 10, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: Why "Physical Gold or Silver only" and not GLD or SLV?
Replies: 52
Views: 3984

Re: Why "Physical Gold or Silver only" and not GLD or SLV?

That being said, I'd also disagree with the above poster that physical gold would be useless in an end of the world type scenario. I mean sure if the World suddenly goes Mad Max or Walking Dead then it'll probably be useless, but most of us wouldn't survive that anyway. But there are a lot of possi...
by Lynx310650
Tue Nov 10, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Why "Physical Gold or Silver only" and not GLD or SLV?
Replies: 52
Views: 3984

Re: Why "Physical Gold or Silver only" and not GLD or SLV?

I'm not sure why the USD losing its global reserve status (I think this is something that's still far far away and we'd probably see it coming) would necessarily mean a collapse of fiat currency or the global financial system. There are countries that hold/held a similar amount of debt as the USA wi...
by Lynx310650
Mon Nov 09, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Can someone give me a simple "For Dummies" version of buying physical gold?
Replies: 36
Views: 3747

Re: Can someone give me a simple "For Dummies" version of buying physical gold?

BU is brilliant uncirculated. A normal coin in shiny new condition. Proofs are special high polished versions, and may be struck by the dies more than once giving enhanced details. The difference is easy to see side by side, as the proof is mirror like and typically more defined shapes. Many times ...
by Lynx310650
Sun Nov 08, 2020 5:38 pm
Forum: Personal Consumer Issues
Topic: Can someone give me a simple "For Dummies" version of buying physical gold?
Replies: 36
Views: 3747

Re: Can someone give me a simple "For Dummies" version of buying physical gold?

You can buy gold, platinum, and silver from the US mint, but it will most likely be proof versions and commemorative coins. The markups are high, and they aren't graded. Some are limited quantities. So you can buy from the mint, it just isn't the best way at all. Uncirculated bullion coins go to ce...
by Lynx310650
Wed Nov 04, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: Can someone give me a simple "For Dummies" version of buying physical gold?
Replies: 36
Views: 3747

Re: Can someone give me a simple "For Dummies" version of buying physical gold?

Thank you! Will check out those dealers mentioned.

Probably a stupid question, but why do people buy from a dealer instead of directly from the mint? Is that not possible? Say buying an American Eagle from the US Mint or Maple Leaf from the Canadian Mint?
by Lynx310650
Wed Nov 04, 2020 7:26 pm
Forum: Personal Consumer Issues
Topic: Can someone give me a simple "For Dummies" version of buying physical gold?
Replies: 36
Views: 3747

Can someone give me a simple "For Dummies" version of buying physical gold?

I find this process strangely confusing and there are so many dealers and I can't tell who is legit and who isn't.

I know there are some folks here that hold some physical gold. Can you give me the simplest way to buy some physical gold in smaller quantities?
by Lynx310650
Tue Sep 29, 2020 4:50 pm
Forum: Personal Consumer Issues
Topic: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.
Replies: 72
Views: 4489

Re: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.

Your kit looks fine. Since you already purchased I'm not too sure what advice you are seeking on the kit itself (unless you are considering returning some stuff). The only things I would have done different is saved $200 and just bought the A7III body only because the 28-70 is fairly mediocre (esp ...
by Lynx310650
Tue Sep 29, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 66
Views: 5609

Re: What do Bogleheads think of what happen to Japan?

Also FWIW, the country most likely to repeat the experience of Japan appears to be its close neighbor South Korea. Probably irrelevant for most posters here, but if I was reading this thread and was living/investing in South Korea, I'd probably take a harder look at the experience of Japan.
by Lynx310650
Tue Sep 29, 2020 3:41 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 66
Views: 5609

Re: What do Bogleheads think of what happen to Japan?

This has been an interesting thread. I was wondering if the US could go like Japan also recently..... I don't think so. Japan's population is actually shrinking and I believe the median age is almost 10 years older than the USA. Our birthrate is slightly higher and we have more immigration. Also a ...
by Lynx310650
Tue Sep 29, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.
Replies: 72
Views: 4489

Re: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.

After a lot of research I bought the following Sony a7 III Full-frame Mirrorless bought a package that also included a FE 28-70mm F3.5-5.6 Lens Kit Sony FE 24mm F1.4 GM Full Frame Wide-angle Prime Lens Sony 90mm f/2.8-22 Macro G OSS Standard-Prime Lens Tamron 28-200 F/2.8-5.6 - Travel lens. Would y...
by Lynx310650
Tue Sep 29, 2020 3:27 pm
Forum: Personal Consumer Issues
Topic: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.
Replies: 72
Views: 4489

Re: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.

Your kit looks fine. Since you already purchased I'm not too sure what advice you are seeking on the kit itself (unless you are considering returning some stuff). The only things I would have done different is saved $200 and just bought the A7III body only because the 28-70 is fairly mediocre (esp c...
by Lynx310650
Mon Sep 28, 2020 5:22 pm
Forum: Personal Consumer Issues
Topic: Separate router vs built-in
Replies: 12
Views: 978

Re: Separate router vs built-in

Where we live, the ISP (Comcast/Xfinity) will charge you $ every month to use their modem, which is silly when you can buy a good quality modem for less than $100. In our case, we bought an Arris surfboard modem. We then have a separate router, and separate mesh wifi access points. That said, I wor...
by Lynx310650
Mon Sep 28, 2020 5:01 pm
Forum: Personal Consumer Issues
Topic: Separate router vs built-in
Replies: 12
Views: 978

Separate router vs built-in

Recently changed/upgraded ISP for much faster internet. We couldn't get our old router configured (it was really old) so we decided to get a newer router. But our modem itself has a built-in router. I know this is common now but it's the first time we've had a modem like this. What would be the pros...
by Lynx310650
Mon Sep 28, 2020 1:19 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 66
Views: 5609

Re: What do Bogleheads think of what happen to Japan?

But I have always wondered how Japanese retirees get by considering their ultra low interest rates on fixed income or bank deposits. Their interest rates are indeed ultra low, but so is their inflation, so the low rates aren't a big of a deal as they would seem on face value. Good point, I forgot a...
by Lynx310650
Mon Sep 28, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 66
Views: 5609

Re: What do Bogleheads think of what happen to Japan?

I would love to know what percentage of people in Japan actually own stocks (or at least a meaningful amount as to where it would matter personally). My suspicion is it's quite low. Even in the USA it's only like 50% of the population owning stocks, right? I'd be shocked if it's anything close to th...
by Lynx310650
Thu Sep 24, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 101
Views: 7772

Annual oil changes a must? Car maintenance during these times

We have a pair of Hondas that even before COVID we were driving less than 5000 miles/year. It's now less than 1000/car over the last year. We've always just gotten annual oil changes per the recommendation in the owner's manual. One of our cars is now at about 14 months since the last oil change. I'...
by Lynx310650
Mon Sep 14, 2020 9:22 pm
Forum: Investing - Theory, News & General
Topic: Question about owning REITs
Replies: 5
Views: 715

Question about owning REITs

I'm thinking about tilting 10% of my overall portfolio towards REITs as I'm a renter and want some additional exposure to real estate. I'm only looking at residential REITs like INVH and/or EQR. My question is if I own a share of an REIT, do I technically also own a slice of the underlying property ...
by Lynx310650
Sun Sep 06, 2020 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9649

Are there any different financial considerations/rules for a childless couple?

My wife recently found out that she has a health condition that coupled with her age would make pregnancy extremely risky. We were already on the side of not having children, so this pretty much firmly moved us into being childless. This did get me to thinking that a lot of "conventional" ...
by Lynx310650
Sun Sep 06, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: Maximum percentage of portfolio towards "overweight" of certain sectors/regions?
Replies: 1
Views: 174

Maximum percentage of portfolio towards "overweight" of certain sectors/regions?

I have a certain degree of exposure to any sector or region I'd want in a total stock market index. REITs, commodities, even precious metals to some extent through the mining companies. Same thing with global regions through international stock market index. But if I want to overweight certain secto...
by Lynx310650
Tue Sep 01, 2020 5:34 pm
Forum: Personal Investments
Topic: 400k cash, fear of inflation
Replies: 46
Views: 4274

Re: 400k cash, fear of inflation

I'm going to tread carefully due to forum rules, but I honestly believe the risk of inflation is real if certain things play out in early November. You just can't ignore politics if considering the likelihood of inflation imo. Recently I've heard some commentary along the lines of inflation being &q...
by Lynx310650
Tue Sep 01, 2020 4:52 pm
Forum: Investing - Theory, News & General
Topic: Tips hyperinflation?
Replies: 46
Views: 3105

Re: Tips hyperinflation?

In the fairly recent experiences of Zimbabwe and/or Venezuela, it seems like during times of hyperinflation the only true hedge is the USD. May not be those countries, but I believe reading that in other countries like Argentina or Brazil during times of really high inflation, the rich not only trie...
by Lynx310650
Sun Aug 30, 2020 7:24 pm
Forum: Personal Investments
Topic: Where to invest a "maybe" down payment fund
Replies: 8
Views: 1033

Re: Where to invest a "maybe" down payment fund

Here is a similar thread I started. Thanks. The last post of your thread suggests XHB. That's an interesting idea, what are your thoughts on that out of curiosity? I'm thinking of some kind of strategy that mixes REITs, homebuilders, and maybe tech stocks (for Bay Area "exposure"). But I ...
by Lynx310650
Sun Aug 30, 2020 7:20 pm
Forum: Personal Investments
Topic: Where to invest a "maybe" down payment fund
Replies: 8
Views: 1033

Re: Where to invest a "maybe" down payment fund

Thank you very much for your replies!
by Lynx310650
Thu Aug 27, 2020 4:49 pm
Forum: Personal Investments
Topic: Where to invest a "maybe" down payment fund
Replies: 8
Views: 1033

Where to invest a "maybe" down payment fund

I've been on the fence about purchasing a home for a LONG time. I want to be a homeowner, but at the same time we have a ridiculously good rental situation and live in a very HCOL area (SF Bay). For several years, I've been engaging in the following exercise. One of my best friends is a mortgage bro...
by Lynx310650
Wed Aug 19, 2020 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Simple question about using HSA funds
Replies: 4
Views: 248

Simple question about using HSA funds

My spouse and I have identical individual medical plans as we work for the same employer. We both have money in our individual HSAs.

In this situation, would I still be able to use my funds to pay for my spouse's medical expenses and vice a versa?
by Lynx310650
Sun Aug 16, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy in the SF Bay Area
Replies: 22
Views: 2139

Re: Rent or Buy in the SF Bay Area

You will get better financial advice from other wiser posters. I live in the Bay Area, so I'll just give you an opinion based on what I would do. I'd keep renting for a bit more, especially because it's shifted to a renter's market. I just think there's another shoe to drop with this COVID situation...
by Lynx310650
Tue Aug 04, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a rental and hiring a property management company
Replies: 29
Views: 2626

Re: Thoughts on buying a rental and hiring a property management company

Thank you to all your responses. It's disheartening to hear mostly negative experiences with property management companies. I wanted to purchase a rental (real estate) mostly as a hedge against inflation and I can't afford anything in the Bay Area otherwise I'd just buy a home to live in. So I'd ha...
by Lynx310650
Tue Aug 04, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a rental and hiring a property management company
Replies: 29
Views: 2626

Re: Thoughts on buying a rental and hiring a property management company

Thank you to all your responses. It's disheartening to hear mostly negative experiences with property management companies. I wanted to purchase a rental (real estate) mostly as a hedge against inflation and I can't afford anything in the Bay Area otherwise I'd just buy a home to live in. So I'd ha...
by Lynx310650
Sun Aug 02, 2020 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a rental and hiring a property management company
Replies: 29
Views: 2626

Re: Thoughts on buying a rental and hiring a property management company

Thank you to all your responses. It's disheartening to hear mostly negative experiences with property management companies. I wanted to purchase a rental (real estate) mostly as a hedge against inflation and I can't afford anything in the Bay Area otherwise I'd just buy a home to live in. So I'd hav...
by Lynx310650
Sat Aug 01, 2020 6:18 pm
Forum: Investing - Theory, News & General
Topic: Is the fear of actually LIVING through inflation overblown?
Replies: 80
Views: 5500

Is the fear of actually LIVING through inflation overblown?

First, to make this actionable, I would personally say that due to increasing gov't debt and stimulus, a fear of potential high inflation is having an impact on how I invest. I want to make sure I'm not overreacting or needlessly panicking. I would say though the fear of inflation seems to have incr...
by Lynx310650
Fri Jul 31, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a rental and hiring a property management company
Replies: 29
Views: 2626

Thoughts on buying a rental and hiring a property management company

I don't own and don't plan to while living in the SF Bay Area. But I do want to diversify a bit into real estate mostly as an inflation hedge. I was thinking of committing about 5-10% of my net worth into a down payment on a house and then just letting a property management company deal with everyth...
by Lynx310650
Mon Jul 27, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3: Leasing the way to go?
Replies: 30
Views: 3279

Tesla Model 3: Leasing the way to go?

My spouse really wants a Tesla Model 3. I've never leased a car before, but I feel like for this one leasing may be the way to go. My primary concern is long-term reliability/durability with these cars, and the technology in this area is developing so rapidly that in 3 years there might be something...
by Lynx310650
Thu Jul 23, 2020 5:09 pm
Forum: Personal Investments
Topic: 401k won't let me hold grantor trusts : can't buy certain gold etfs
Replies: 2
Views: 233

Re: 401k won't let me hold grantor trusts : can't buy certain gold etfs

SS Rambo wrote: Thu Jul 23, 2020 4:50 pm Not very familiar with those ETFs, what are the tax implications you’re referring to?

If you want to invest in gold, and not be taxed on distributions of capital gains, why not just buy some gold? No expense ratio there.
Thanks, I'm buying some physical gold too, but just a small amount.
by Lynx310650
Thu Jul 23, 2020 3:49 pm
Forum: Personal Investments
Topic: 401k won't let me hold grantor trusts : can't buy certain gold etfs
Replies: 2
Views: 233

401k won't let me hold grantor trusts : can't buy certain gold etfs

I want to put about 5% of my portfolio into gold, and because of the tax implications of ETFs like GLD or IAU, I want to hold it in a tax-advantaged account. But my 401k won't let me purchase ETFs that are structured as grantor trusts. The entire value of my Roth IRA is only about 5% of my portfolio...
by Lynx310650
Fri Jul 17, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Re: Selling and downsizing/renting vs aging in place

What are the chances of them continuing to work for a few more years and delaying SS payments to allow them to increase? Wouldn t each additional year worked ,with a delay in SS, be worth about an extra $150 a month? I've tried to tell them that but they want to collect SS ideally the day they qual...
by Lynx310650
Fri Jul 17, 2020 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Re: Selling and downsizing/renting vs aging in place

Something I would keep in mind is whether they will be able to keep the property in a reasonable condition. I'm quite worried about that myself. They have done NOTHING to their home in the 20 years they've lived there. If they want to live another 20-30 years there, things will obviously go into di...
by Lynx310650
Fri Jul 17, 2020 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Re: Selling and downsizing/renting vs aging in place

I think that it makes a lot of sense to downsize, even aside from housing market considerations. The house is too costly, in financial terms and increasingly in the effort it will cost for upkeep. You say they'd have to move to a different city, but surely somewhere in the same metro area there are...
by Lynx310650
Fri Jul 17, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Re: Selling and downsizing/renting vs aging in place

I think that it makes a lot of sense to downsize, even aside from housing market considerations. The house is too costly, in financial terms and increasingly in the effort it will cost for upkeep. You say they'd have to move to a different city, but surely somewhere in the same metro area there are...
by Lynx310650
Fri Jul 17, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Re: Selling and downsizing/renting vs aging in place

I think that it makes a lot of sense to downsize, even aside from housing market considerations. The house is too costly, in financial terms and increasingly in the effort it will cost for upkeep. You say they'd have to move to a different city, but surely somewhere in the same metro area there are...
by Lynx310650
Fri Jul 17, 2020 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1808

Selling and downsizing/renting vs aging in place

My parents currently own a home with about 350k worth of equity in it. They just refinanced a couple of years ago into a 30 year loan with monthly payments slightly under 900 dollars. Their annual property tax is about 5k. They do not have any cash savings, their home is it. They are in their early ...
by Lynx310650
Fri Jul 17, 2020 3:14 am
Forum: Non-US Investing
Topic: How to hedge in case of a disaster in your country's economy
Replies: 92
Views: 6351

Re: How to hedge in case of a disaster in your country's economy

I'd agree with the things mentioned like an avenue to another country, internationally diversified portfolio, maybe also hold on to some physical gold along with dollars/euros? I'm assuming you've lived in the UK your entire life or most of it? I think also your own read of your country's culture an...
by Lynx310650
Tue Jul 14, 2020 4:53 pm
Forum: Personal Investments
Topic: hyper inflation hedges
Replies: 54
Views: 2919

Re: hyper inflation hedges

Has there ever been an economic system like the present where the globe is so intertwined and yet there is a clear country/currency that is the dominant economic power? I think I read the USD is about 60% of all foreign currency reserves with the Euro a far second at about 20%. I don't think hyperin...
by Lynx310650
Sat Jul 11, 2020 6:46 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8839

Re: Gold as Part of a Portfolio?

Why are you thinking about gold after it ran up 40% to 50% to $1800+? Where were you last year when gold was below $1300? If gold is so good why not silver? Silver is still cheap and you could make very similar arguments about silver vs gold. Actually, you can’t make similar arguments between the t...
by Lynx310650
Wed Jul 08, 2020 6:03 pm
Forum: Personal Investments
Topic: Verifying Gold Coins are not counterfeit
Replies: 25
Views: 1615

Re: Verifying Gold Coins are not counterfeit

Sorry to hijack, but what is the advantage to buying Eagles and MLs from a broker instead of directly through the mints of each country? I was under the impression that's an option available to everyone? Produced and sold for collectors, gold coins produced by the U.S. Mint are beautiful pieces of ...
by Lynx310650
Wed Jul 08, 2020 5:49 pm
Forum: Personal Investments
Topic: Verifying Gold Coins are not counterfeit
Replies: 25
Views: 1615

Re: Verifying Gold Coins are not counterfeit

Sorry to hijack, but what is the advantage to buying Eagles and MLs from a broker instead of directly through the mints of each country? I was under the impression that's an option available to everyone?
by Lynx310650
Wed Jul 08, 2020 5:47 pm
Forum: Personal Investments
Topic: Any benefit to splitting gold allocation amongst several ETFs?
Replies: 8
Views: 764

Re: Any benefit to splitting gold allocation amongst several ETFs?

I don't hold any gold ETFs but if I did, they wouldn't include GLD. I read their prospectus years ago and ran away screaming at some of the ways "your gold" could disappear without their being liable. IAU seemed okay at the time I was researching it. Thanks, I do get the sense IAU is more...
by Lynx310650
Wed Jul 08, 2020 4:39 pm
Forum: Personal Investments
Topic: Any benefit to splitting gold allocation amongst several ETFs?
Replies: 8
Views: 764

Any benefit to splitting gold allocation amongst several ETFs?

Was reading up on some of the past threads here on gold. I wanted to allocate about 5% of net worth to gold and hold it in a 401k for tax purposes.

The ETFs I frequently see mentioned are GLD followed by IAU. Would there be any benefit to just owning both and splitting my gold allocation?
by Lynx310650
Tue Jul 07, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: 8 seater SUV questions
Replies: 25
Views: 1704

Re: 8 seater SUV questions

New/used is probably just a completely subjective decision based on your finances and your preference. I personally prefer to buy new, there are some that only buy used. If you are planning on owning it 10 years, maybe new wouldn't be so bad? From basically everything I've seen, Toyota's reliability...