Search found 1619 matches

by rgs92
Sun Feb 18, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 59
Views: 5682

Re: Amazon Alternative

Rob5tcp ( a few posts back) hit on all the online stores I have used over the last few years, so I can vouch for this.
by rgs92
Sun Feb 18, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: First time Home Buyer in HCOL area - funds check
Replies: 15
Views: 1541

Re: First time Home Buyer in HCOL area - funds check

A mortgage lender I deal with told me that they will lend for a total housing payment (PITI) of about 40% of gross monthly income, so I would do the math based on that. Since you have a pretty high income, I don't think that's too high a ratio for you unless you have a job security issue (always a c...
by rgs92
Sun Feb 18, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 62
Views: 5480

Re: Single People and Retirement Question

Interesting thread. I hope it stays active.
by rgs92
Sun Feb 18, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question about changes to personal mortgage deductions.
Replies: 11
Views: 769

Re: Question about changes to personal mortgage deductions.

How is a HELOC used for home acquisition? Isn't this one of those piggyback loans that was common during the 2008-9 crisis? I thought those were not used any longer. I was thinking HELOCs are normally taken while you own the house, and the interest is not deductible regardless of how it's used, for ...
by rgs92
Sat Feb 17, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Question about changes to personal mortgage deductions.
Replies: 11
Views: 769

Re: Question about changes to personal mortgage deductions.

No, HELOC interest is not deductible period as I have read things, no matter what you spend it for.
(If it's an investment property, I guess the cost can offset the rent, but that's all.)
by rgs92
Sat Feb 17, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Question about changes to personal mortgage deductions.
Replies: 11
Views: 769

Re: Question about changes to personal mortgage deductions.

The broader issue is that the whole deduction may be moot (or close to it) with the new $24K standard deduction (for a couple). This, combined with the elimination of the personal exemption makes the whole previous package of itemized deductions often not much better than the standard one. I mean, l...
by rgs92
Sat Feb 17, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6419

Re: I think US interest rates could drop.

Thanks for all that info and the good link WillRetire. My intuition-antennas always get alarmed when I sense a common wisdom for the short or medium-term outlook. Higher interest rates can only be supported by both significantly higher wages and a social willingness to bear the pain of recession, an...
by rgs92
Sat Feb 17, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6670

Re: Retirees: The common sense withdrawal method

Thanks again Mnd. My intuition tells me that the combination of a long bear market in both stocks and bonds is a killer scenario, especially if it happens early on in the retirement period.
by rgs92
Sat Feb 17, 2018 3:41 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 69
Views: 6901

Re: Can someone help me explain to my wife...?

Put all the money in some sort of balanced fund. Then you are auto-selling bit by bit as the market marches higher. This should satisfy anyone who is nervous and feels the need to sell some at the top.
And maybe 70/30 is too aggressive at your age. Maybe 60/40 for life is better.
by rgs92
Sat Feb 17, 2018 3:33 am
Forum: Investing - Help with Personal Investments
Topic: Substantially Equal Periodic Payments (Funding Early Retirement)
Replies: 17
Views: 1346

Re: Substantially Equal Periodic Payments (Funding Early Retirement)

No, the SPIA does work. They code the 1099R at any age with a distribution code 7 / Exception Applies, so there is no penalty. It really works.
Fidelity/Vanguard/TIAA/T Rowe Price all confirmed this to me.
by rgs92
Fri Feb 16, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 79
Views: 8912

Re: Job is starting to suck the life out of me.

Ha-ha, I remember doing the mens room (or conference room) thing too. I has a lady working for me who told me she was in the habit of periodically locking herself in the ladies room for a good, long crying session. Yep, it's tough all over. That's why I hesitate to recommend jumping ship, since this...
by rgs92
Fri Feb 16, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261678

Re: U.S. stocks in freefall

Thanks yet again Livesoft! So if you have no taxable or Roth accounts to speak of, you just need 1 single fund.
I thought Bogleheadism was simple, but that's the ultimate .
by rgs92
Fri Feb 16, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 132
Views: 7627

Re: I'm Cancelling My Home Insurance

But if your house burns down, can you just walk away from the burned out hulK? What if it's not sellable? What about ongoing property taxes? How do you walk away from tax bills? It could damage your credit. What if it's a public hazard? Don't you have some obligation to deal with this that can cost ...
by rgs92
Fri Feb 16, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 79
Views: 8912

Re: Job is starting to suck the life out of me.

I'm reminded of the (sort of related) saying that you live in a democracy, you don't work in one.
by rgs92
Fri Feb 16, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 132
Views: 7627

Re: I'm Cancelling My Home Insurance

What about liability is someone hurts themselves on your property?
by rgs92
Fri Feb 16, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Substantially Equal Periodic Payments (Funding Early Retirement)
Replies: 17
Views: 1346

Re: Substantially Equal Periodic Payments (Funding Early Retirement)

You can get an SPIA of any size within an IRA that automatically constitutes Substantially Equal Payments (no 10% penalty).
by rgs92
Fri Feb 16, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1624

Re: Does the absence of need for a legacy affect your AA or SWR?

Follow up regarding risk.

Just to add to my original question, would you lean to more or less risk. Of course, leaning to SPIAs (fixed annuities) implies less risk overall, so is that the direction you take?
Thanks again for the responses and different takes on this so far.
by rgs92
Fri Feb 16, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 59
Views: 5682

Re: Amazon Alternative

I like amazon because if there is any sort of problem, they resolve it immediately with no question askeds. I've been using them with the same account for 18 years so they seem to trust me and treat me well. And I get the 5% off with their free credit card. So it's great too me. There is nothing lik...
by rgs92
Fri Feb 16, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 82
Views: 5861

Re: Honda vs. Toyota: Which has more bang for the buck?

I usually put about 20 CDs on a 15gb thumb drive and get nowhere near the limit. I just stop because it's enough. It works fine.
by rgs92
Fri Feb 16, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6670

Re: Retirees: The common sense withdrawal method

Mnd, was that Firecalc chart for a 60/40 constant asset allocation? I guess the big problem with 1966 was the runaway inflation causing bonds to decline dramatically and the need for very large nominal withdrawals to cope the rising cost of living. And the energy crisis played a big part in that. In...
by rgs92
Fri Feb 16, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261678

Re: U.S. stocks in freefall

I prefer rebalancing on a time-basis rather than a banded one. I actually like frequent or even continuous rebalancing. That's why I make large use of Vanguard Balanced Index and Fidelity Freedom Index funds. Does this make sense if you are in tax-deferred accounts so you are not concerned about tax...
by rgs92
Fri Feb 16, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1624

Does the absence of need for a legacy affect your AA or SWR?

If one does not need (or want) to leave a legacy for inheritance (or any particular purpose), does that affect your asset allocation or Safe Withdrawal Rate? Is anyone in this situation and, if so, how has it affected these elements of your financial planning? Thanks for any insight. Please note tha...
by rgs92
Thu Feb 15, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Planning Using Nominal or Real Return
Replies: 13
Views: 645

Re: Planning Using Nominal or Real Return

Firecalc takes inflation into account and you don't have to worry about it. Firecalc is great; it does all the heavy lifting for you. It's really the best forecasting you could get. It may not be perfect, as forecasting the future is a tough job, but I don't think there is anything better. (There is...
by rgs92
Thu Feb 15, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 82
Views: 5861

Re: Honda vs. Toyota: Which has more bang for the buck?

If you do listen to music in your car more than casually, a CD does sound better (to my ears at least). But it's really inconvenient and ripping your CDs to a SanDisk Low Profile Cruzer thumbdrive (link is at bottom of this post) using a decently high bit-rate will give fine results. Try DBpoweramp ...
by rgs92
Thu Feb 15, 2018 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Is VTI really "total stock market" with only 1478 holdings?
Replies: 12
Views: 1717

Re: Is VTI really "total stock market" with only 1478 holdings?

John Bogle always says that even just the S&P500 "gives you the weight of the market" and that's all you need.
by rgs92
Wed Feb 14, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 82
Views: 5861

Re: Honda vs. Toyota: Which has more bang for the buck?

I like the way my CVT feels. It's nice and smooth with no abrupt shifts. I see it maybe as a positive factor.
by rgs92
Wed Feb 14, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: New Job Evaluation
Replies: 22
Views: 1166

Re: New Job Evaluation

Stay where you are. The raise is not worth it. Job security alone over 40 (not too far for you) is well worth it, and the pension and benefits is a big sweetener. Gov't jobs are soooo hard to get. Millions of people are in line for gov't jobs and you probably could not go back. Just stay put. Even d...
by rgs92
Wed Feb 14, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1206

Re: When to pay off debt instead of invest?

I would say if you need more cashflow, paying off debt is a great way to do it. It's more iffy if you are just going to invest the money (unless the debt interest rate is significantly higher than current bond rates).
by rgs92
Wed Feb 14, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3595

Re: Is This Action by Megacorp Legal?

In my 401Ks over many years, those kind of shifts happened too many times for me to count, even with significant asset allocation changes or ER changes. And this was with major companies. And you could always move the investments at any time later usually, so it should not be a big deal. And if they...
by rgs92
Wed Feb 14, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 79
Views: 8912

Re: Job is starting to suck the life out of me.

Thanks for your comment on my reply mudpuppy, but what you mention as a negative, being very hard to fire someone, is actually a HUGE advantage to you, most especially as you get older. If someone ever been in the sights of a private company for layoff or just outright firing (for age or just someth...
by rgs92
Wed Feb 14, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 82
Views: 5861

Re: Honda vs. Toyota: Which has more bang for the buck?

IME Nissan is just as good (actually better in comfort and maybe in the feel of the engine and handling performance) and cheaper, with better discounts. There is a bit of paying-for-the-name with Honda/Toyota. Nissan reliability has been fine, as is the dealer/service dept. experience. So I would tr...
by rgs92
Tue Feb 13, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3850

Re: Going Paperless Issues

Wow, that's great. So far I still get notices that my credit cards are expiring, except from amazon (which knows about it's own branded credit card with the nifty 5% discount). I always thought this CC-expiration thing is primitive and don't see why it's needed at all. And just to add extra pain for...
by rgs92
Tue Feb 13, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3850

Re: Going Paperless Issues

Going paperless just happens naturally and is very easy. 1. Every bill that can be paid automatically via a credit card each month (or year) is set up that way (as long as there is no extra fee). (Of course the credit cards are all on autopay from a bank account. The bank account is replenished by a...
by rgs92
Tue Feb 13, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 79
Views: 8912

Re: Job is starting to suck the life out of me.

Well, I would just try to get used to it. That's why they call it work. What you are experiencing is perfectly normal. Just about everyone I knew at work in big telecom, all sorts of people, felt just like you do. The ones that gave up and quit ended up with upended, insecure, mostly contractor jobs...
by rgs92
Mon Feb 12, 2018 3:26 am
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 5830

Re: Live / work in California - Technology Career

It's very hard to get a job if you are over 50. If anything, the jobs will be as contractors, with frequent job changes and periods of long unemployment and probably unexpected early retirement. I would highly recommend staying in you current job as long as you can. Changing jobs at this stage of a ...
by rgs92
Mon Feb 12, 2018 2:26 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6419

Re: I think US interest rates could drop.

OK, but, even so, I think the forecast of rising rates in the overall bond market (say, BND, the total bond market) is not necessarily a sure thing, and certainly not something to assume is true and sell bonds because of this.
by rgs92
Mon Feb 12, 2018 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Bank offering 0.25% off mortgage interest for asset transfer
Replies: 24
Views: 2152

Re: Bank offering 0.25% off mortgage interest for asset transfer

A quarter of 1% is $250 per $100,000 borrowed each year. 'not worth the trouble in my opinion. You could probably find some discount broker offering a bonus for moving your money, but that's a hassle too for a very small gain. You are probably better shopping around for a rock-bottom expense ratio, ...
by rgs92
Mon Feb 12, 2018 2:11 am
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4068

Re: How does one emotionally keep it together during market swings?

You know, if the market did not have wrenching drops, everyone would rush in and drive prices to levels where there would be little value in investing, so long term returns would be tiny. So these drops are necessary to get good long-term performance. High returns and a monotonically increasing inve...
by rgs92
Mon Feb 12, 2018 2:03 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6419

I think US interest rates could drop.

Since rates in Europe, like the German 10 year bond at .75%, are still low, how could US rates stay so much higher (like the US 10 year at 2.8%)? The conventional wisdom (at least what I detect) is that interest rates are on the way up, but this seems wrong to me. Many comments here seem bearish on ...
by rgs92
Mon Feb 12, 2018 1:42 am
Forum: Personal Finance (Not Investing)
Topic: Deciding to Buy Rental Property - Need Advice
Replies: 16
Views: 1831

Re: Deciding to Buy Rental Property - Need Advice

i don't think jeopardizing your jobs (suddenly working remotely for you and your wife quitting her current one) to speculate in a highly appreciated real estate market is prudent at any level. (It may be characterized as gambling IMHO.) That is what you are contemplating I believe from the original ...
by rgs92
Mon Feb 12, 2018 1:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261678

Re: U.S. stocks in freefall

Thanks for that link about XIV drk.
( https://www.bloomberg.com/view/articles ... ost-worked )
Wow, XIV makes Bitcoin look super-tame.
by rgs92
Sun Feb 11, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261678

Re: U.S. stocks in freefall

I was still wondering about how XIV trading could influence the entire market (or not). I don't understand how it could, but maybe there is some mechanism. That's all I was asking.
by rgs92
Sun Feb 11, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Making an offer and buying a foreclosure?
Replies: 12
Views: 929

Re: Making an offer and buying a foreclosure?

I think that contingency offers are a thing of the past in almost all real estate sales these days from my recent experience in this area. They were a much more accepted practice decades ago, but they seem to be obsolete now that real estate sales are much less of a sure thing, and your house may si...
by rgs92
Sun Feb 11, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 39341

Re: Selling all equities, discuss why I'm wrong. :)

If market timing based purely on P/E ratios was a sure-thing to do, everyone would be doing it and then it would no longer work.
So this strategy is not necessarily more profitable or less volatile than just staying the course.
by rgs92
Sun Feb 11, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do: Life Annuity or Survivorship?
Replies: 14
Views: 943

Re: What did you do: Life Annuity or Survivorship?

I think single-lifes are always better. You can always put some money aside in long-term investments for way down the road. And it's better to get the money earlier rather than risk some corporate pension plan failing. And if I'm not in the market for a life insurance policy, why should I do the equ...
by rgs92
Sat Feb 10, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261678

Re: U.S. stocks in freefall

Cramer said that excessive XIV trading (the volatility index symbol, an ETF of some sort I guess) causes the wild swings in the total market. Is this true? Is it a derivative of some sort? How would trading just this one thing cause volatility in the whole stock market? It sounds like the tail waggi...
by rgs92
Sat Feb 10, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Bank mailed individual 1099-INT and Combined 1099-INT
Replies: 6
Views: 431

Re: Bank mailed individual 1099-INT and Combined 1099-INT

Fidelity has always had both individual and combined 1099s. This is not a concern at all.
by rgs92
Fri Feb 09, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: sudden overnight problem with spam email
Replies: 20
Views: 1375

Re: sudden overnight problem with spam email

Just ignore it. Your email address is everywhere. If you want, just mark all the messages as spam.
by rgs92
Fri Feb 09, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Bank Loan ETFs
Replies: 2
Views: 230

Re: Bank Loan ETFs

I've had the Fidelity FFRHX a long time too like you have. It works great and I'm very happy with it. It barely moves and has a nice return. I put all my spare cash in it and a decent part my fixed income allocation too. It's a no-drama fund. I'd rather have this than an ETF for the auto-reinvestmen...