Search found 140 matches

by Bwlonge
Sat Sep 22, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Looking for a modest, steady, tax efficient ETF
Replies: 3
Views: 412

Looking for a modest, steady, tax efficient ETF

I'm looking for an ETF that I can use for modest, steady growth in a taxable account. I don't have a definite savings goal, just need a place to put $ after maxing retirement accounts and capping my EFund. Preferably with Fidelity, but could open Vanguard if there is a better option.
by Bwlonge
Wed Sep 05, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

It sounds like you have a great thing going by living in one half and renting out the other half of the duplex. But with so little cash reserves even the minimum FHA down payment will result in mortgage payments so high that they are likely to prevent you from qualifying for the new loan if you kee...
by Bwlonge
Wed Sep 05, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

I think my fundamental problem is that I need to adjust to actually having money. I've lived my life without accumulating, and now that the numbers are getting bigger in the account, I get the feeling like I'm not using it enough so I get antsy and look for reasons to spend it. There are far cheape...
by Bwlonge
Tue Sep 04, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

I currently owner occupy a duplex that is doing very well. I see a couple houses available now that I could likely afford, only to the detriment of my current high savings rate. They're exactly what I THINK I want- 5 acres, interesting architecture, insanely nice mountain views. I see a few problem...
by Bwlonge
Tue Sep 04, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

What's the land like? Why do you want this big of a parcel? Can you make money on it or reduce taxes by following some easy rules? Personally, 5 acres is too small. In my state, I need 10 acres to put under forest management to reduce property tax on that portion by 90%. I've got that now with a bi...
by Bwlonge
Tue Sep 04, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

Unless I missed it I didn't see how much you could clear, after taxes, if you sold the duplex. Likewise there was not a lot of information on if there was a mortgage the other numbers for the duplex to help decide if keeping it makes good business sense. If you cannot make a slam dunk strong case f...
by Bwlonge
Tue Sep 04, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

You are also unmarried and only 31 years old. If/when you get a spouse, where you want to live should be a decision you make together. I tend to agree. What NEED is there for a single person to buy a SFH even a small one let alone one on 5 acres? You don't need the room. You don't need the school s...
by Bwlonge
Tue Sep 04, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

- While your house will likely retain its value, all the furniture and knick knacks you buy to fill it won't - and that can easily be in the tens of thousands of dollars. Disagree. Your parcel of land will retain its value, or change in price as the neighborhood becomes more/less desirable. The phy...
by Bwlonge
Tue Sep 04, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

A house with 5 acres of land may be too special to resell (hard to sell for a fair price). You may want to consider a house that's more standard and in a good location. And if for whatever reason you need to sell, it won't be too difficult to sell for a fair price, and worst case you can rent it ou...
by Bwlonge
Tue Sep 04, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Re: Talk me out of buying a house

Wouldn't you be able to rent out the part of the duplex you currently occupy and double the rental income? I would think that'd cover at least half of your new mortgage. Now I would never do it since I have a pathological fear of being a landlord, but it sounds like you know what you are doing .......
by Bwlonge
Tue Sep 04, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2474

Talk me out of buying a house

I currently owner occupy a duplex that is doing very well. I see a couple houses available now that I could likely afford, only to the detriment of my current high savings rate. They're exactly what I THINK I want- 5 acres, interesting architecture, insanely nice mountain views. I see a few problems...
by Bwlonge
Wed Apr 11, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Need vacuum recomendations
Replies: 21
Views: 1857

Re: Need vacuum recomendations

YOLO with a Miele Marin.
by Bwlonge
Wed Mar 07, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7375
Views: 1547511

Re: U.S. stocks in freefall

Crisium wrote:
Wed Mar 07, 2018 8:26 am
Gary Cohn effect today. Beginning of the end?
I frame the question as, how long will it take the market to price in projected lost revenue from tariffs?
by Bwlonge
Sat Mar 03, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Moving from LCOL to HCOL + effective paycut
Replies: 11
Views: 1360

Re: Moving from LCOL to HCOL + effective paycut

All great, helpful responses, thank you. Everything really points to me going for it. I'm just going to be proactive about keeping an eye on openings and apply to them as they come. I can't really leave my post until June or July at the earliest (big project I'm not willing to walk away from, I'm no...
by Bwlonge
Mon Feb 26, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from LCOL to HCOL + effective paycut
Replies: 11
Views: 1360

Moving from LCOL to HCOL + effective paycut

A couple years ago I moved to a LCOL for a job that pays very well. It was a good move, but I did have to leave my friends and the life I had in Boston and I came to a small rural city and I just haven't been able to connect. I'm turning 31 tomorrow and its growing in me that I would just be happier...
by Bwlonge
Thu Feb 22, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 3068

Re: Young Investor: Investing In A Bear Market

Look, I know the "early and often" advice is the thing to do, but I have to believe its the mainstream advice that makes assumptions about which funds you're buying. It makes sense to just dump money into a total market fund because its a slow moving boat. But look at an emerging market fund like FS...
by Bwlonge
Sun Feb 18, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Speculating on natural disaster players/sectors
Replies: 6
Views: 470

Speculating on natural disaster players/sectors

I know this isn't a bogleheads thing.. but given predictions of worsening climate change and natural disasters, is anybody throwing 5-10% into sector funds or companies that stand to gain? Timber (WOOD) has outperformed the total market in this run up, maybe due to demand for all the rebuilding havi...
by Bwlonge
Sun Feb 18, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy in Boston for Investment
Replies: 18
Views: 1882

Re: To buy or not to buy in Boston for Investment

My understanding is that you're better off investing in real estate for cash flow, not speculation on appreciation. This looks like less of a money investment than a lifestyle investment. Whether or not you make money it could go either way, but that doesn't sound like is or needs to be your primary...
by Bwlonge
Sat Feb 17, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Primary/Rental Purchase: killing cash-flow
Replies: 24
Views: 1903

Re: Sanity Check on Primary/Rental Purchase: killing cash-flow

I've slept on it and run multiple simulations. I'm really not comfortable with our budget that being that tight without hefty reserves. I've decided to low-ball an offer of $1.1m. If accepted, our (near) cash-reserves will be mid-5 digits (realtor fee is 1%...might be able to recapture some of that...
by Bwlonge
Sat Feb 17, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Timber
Replies: 37
Views: 3276

Re: Selling Timber

Maybe I'll buy a timber ETF.

https://www.ishares.com/us/products/239 ... restry-etf

I've thought about owning a Christmas tree farm. I should look into that again.
by Bwlonge
Sat Feb 17, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Primary/Rental Purchase: killing cash-flow
Replies: 24
Views: 1903

Re: Sanity Check on Primary/Rental Purchase: killing cash-flow

So you must have heard about the 1% rule of thumb? You're looking at .4%. And that's after paying yourself rent which doesn't make your situation any better. Sounds like either real estate sellers in CA are sadistic or buyers are masochistic. Or both. Maybe. But they are also rich. Rentals in most ...
by Bwlonge
Sat Feb 17, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Share your favorite excel speadsheet
Replies: 7
Views: 1661

Re: Share your favorite excel speadsheet

raamakoti wrote:
Fri Feb 16, 2018 3:39 pm
Personal capital
Mint.com
Im addicted to Mint.
by Bwlonge
Sat Feb 17, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: How to cancel TV and not Internet w/ Spectrum Time Warner
Replies: 18
Views: 4326

Re: How to cancel TV and not Internet w/ Spectrum Time Warner

If you are wishy-washy in any way with their reps, they will try to sell you on another plan. If you are firm 'I'm calling to cancel my tv service' and don't deviate from that line, it'll get done quickly. You could also walk in to your local office if you have one convenient. Those folks are often...
by Bwlonge
Sat Feb 17, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Primary/Rental Purchase: killing cash-flow
Replies: 24
Views: 1903

Re: Sanity Check on Primary/Rental Purchase: killing cash-flow

So you must have heard about the 1% rule of thumb?

You're looking at .4%. And that's after paying yourself rent which doesn't make your situation any better.

Sounds like either real estate sellers in CA are sadistic or buyers are masochistic. Or both.
by Bwlonge
Sat Feb 17, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Tax sheltered saving or value mining?
Replies: 3
Views: 373

Re: Tax sheltered saving or value mining?

mhalley wrote:
Sat Feb 17, 2018 1:51 am
If you are self employed you can put the employee portion (18.5k) AND the employer portion for a total of 55k in tax deferred.

https://www.irs.gov/retirement-plans/on ... 401k-plans
Got it, but if I am self employed, I have to pay fica and what not correct?
by Bwlonge
Fri Feb 16, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Amended 2016 taxes applied to 2017, but not included in wired return
Replies: 2
Views: 400

Amended 2016 taxes applied to 2017, but not included in wired return

I'll call when they're open, but wondering if anyone knows off hand. I sent in a paper amendment to 2016 taxes mid-January to account for tIRA contribution that I didn't claim (dad did taxes). I opted to apply it to 2017 taxes. I did my taxes with software and included the amendment amount in. I jus...
by Bwlonge
Fri Feb 16, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Tax sheltered saving or value mining?
Replies: 3
Views: 373

Tax sheltered saving or value mining?

I think I'm exhausting my options for tax sheltering, but I want to double check. I want to be able to manipulate my MAGI, but also save as much as possible pre-tax. Are there creative ways I'm not thinking of? I tried looking into employing myself, but I'd end up paying a bunch in employment taxes,...
by Bwlonge
Thu Feb 15, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 8271

Re: Help with what to do, pay debt, fund 401k, EF? TLH of taxable to fund one of these

Any specific advice on this? What did you think of the advice in Investment Order ? I'm having trouble understanding step 7 vs 8. With debt at 3-4%, is it just about a personal preference as to dumping money into the loan vs. taxable + liquidity? I understand garunteed returns, but if the average r...
by Bwlonge
Wed Feb 14, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 11915

Re: philosophicaleconomics predicts 4% real equity returns

Rental real estate, here I come We are settling for 3-4% ROI; Hoping to gain on depreciation for tax purposes for another 1%. A longterm hold. Jeez, depending on how that's being calculated, that sounds like its time to sell! Where is that? Seattle. :oops: :P the ROI and cap rate is relatively low ...
by Bwlonge
Wed Feb 14, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 11915

Re: philosophicaleconomics predicts 4% real equity returns

Does return even really matter that much?

Saving $500/mo at 7% for 40 years= $1,327439
Saving $500/mo at 4% for 40 years= $593,911

Saving $1000/mo at 4% for 40 years= $1,187,822

:(
by Bwlonge
Wed Feb 14, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 11915

Re: philosophicaleconomics predicts 4% real equity returns

itstoomuch wrote:
Wed Feb 14, 2018 4:59 pm
Bwlonge wrote:
Wed Feb 14, 2018 2:19 pm
Rental real estate, here I come
We are settling for 3-4% ROI; Hoping to gain on depreciation for tax purposes for another 1%. A longterm hold.
Jeez, depending on how that's being calculated, that sounds like its time to sell! Where is that?
by Bwlonge
Wed Feb 14, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 12093

Re: Our 'cure' for emergency expenses

My cure is to park it in 5% yielding accounts. Between Netspend,Insight and a local credit union, its possible to have at least 10k in savings accounts, which amounts to about 6 months expenses for me (thank-you LCOL). Where do you get 5% yield these days? Your local credit union offers that? Local...
by Bwlonge
Wed Feb 14, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 12093

Re: Our 'cure' for emergency expenses

My cure is to park it in 5% yielding accounts. Between Netspend,Insight and a local credit union, its possible to have at least 10k in savings accounts, which amounts to about 6 months expenses for me (thank-you LCOL).
by Bwlonge
Mon Feb 12, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting to execute on financial plans
Replies: 5
Views: 843

Re: Waiting to execute on financial plans

I have the same issue. I use a spreadsheet to project accounts far in to the future. I even have my checking account projected as far as a year forward. I watch as things come through, usually right around expectations, and I know what the next step is and I just can't wait to complete it. I just w...
by Bwlonge
Sun Feb 11, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting to execute on financial plans
Replies: 5
Views: 843

Waiting to execute on financial plans

Ever get antsy after projecting or planning your finances? I've projected out the next two years of spending and saving with YNAB. I know what months I'll be able to pay off debt and how much I'll have saved. Only problem now is that I can't teleport to 2 years later. I'm having serious mindfulness ...
by Bwlonge
Sun Feb 11, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Is Rental Property/Income Same as Bonds
Replies: 38
Views: 2804

Re: Is Rental Property/Income Same as Bonds

Clarification: Approx 75% of our NW is now income RE (home not included). RE produces about 70% of retirement income, 30% is SS and pension. We are deferring IRA's as long as possible and may be using techniques to minimize RMDs. YMMV If you don't mind sharing, how many doors are you renting? I hav...
by Bwlonge
Sat Feb 10, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: 0% 18/MO.Balance Transfer w/2% fee
Replies: 17
Views: 1207

Re: 0% 18/MO.Balance Transfer w/2% fee

What makes a credit inquiry worth $250? I agree it's hard to justify the 2%. I am currently floating a 0% card but I didn't transfer a balance. Just have the money invested at my overall AA and will pull from my portfolio when it's time to pay it off. We're talking about less than 1% of the portfol...
by Bwlonge
Sat Feb 10, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: 0% 18/MO.Balance Transfer w/2% fee
Replies: 17
Views: 1207

Re: 0% 18/MO.Balance Transfer w/2% fee

What makes a credit inquiry worth $250? I agree it's hard to justify the 2%. I am currently floating a 0% card but I didn't transfer a balance. Just have the money invested at my overall AA and will pull from my portfolio when it's time to pay it off. We're talking about less than 1% of the portfol...
by Bwlonge
Sat Feb 10, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 36
Views: 6923

Re: Wellington Fund: where is the special sauce?

I keep looking at Wellington and Wellesley. They're stable and offer decent returns. Strike me as an easy investment if you have intermediate, flexible date saving goals after maxing out all other space at desired AA.
by Bwlonge
Sat Feb 10, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: 0% 18/MO.Balance Transfer w/2% fee
Replies: 17
Views: 1207

Re: 0% 18/MO.Balance Transfer w/2% fee

I pulled money out from a credit card at 0% (over transferred a balance) at 0% fee and 0% for 15mo to put the money into a 5% insight prepaid card saving account. That was a decent move, making me 250$. Financing a high yielding emergency fund.
by Bwlonge
Sat Feb 10, 2018 7:12 am
Forum: Forum Issues and Administration
Topic: Black Theme for Site?
Replies: 38
Views: 4510

Re: Black Theme for Site?

Dark grey background is superior and all forums should have the option . Black with white text, not so much.
by Bwlonge
Fri Feb 09, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7931

Re: Why would people buy condos/SFH in Texas?

Sometimes people don't make decisions because they make them financially independent faster.

Bet they have a nice view.
by Bwlonge
Fri Feb 09, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: 0% 18/MO.Balance Transfer w/2% fee
Replies: 17
Views: 1207

Re: 0% 18/MO.Balance Transfer w/2% fee

It's tempting, but I ha ent found leveraging debt super rewarding. I'm someone who checks Mint constantly and likes seeing nice numbers. A 10k debt even at 0% isn't aesthetically pleasing. And if I win the gamble and make 10% after tax and the fee, big deal. I could do that by credit card and checki...
by Bwlonge
Fri Feb 09, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Sell taxable investments to pay off loan?
Replies: 17
Views: 1395

Re: Sell taxable investments to pay off loan?

Tough call. Any chance of refinancing for a lower rate? I feel like you captured the pros and cons well. If we went into a recession this year, and you weren't able to get back to current levels until a few years down the road, how would you feel then carrying the debt? I sold after last Friday to p...
by Bwlonge
Thu Feb 08, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another "what to do with money" thread
Replies: 14
Views: 1684

Re: Yet another "what to do with money" thread

I see it as the quicker you pay your credit card off, the quicker you can get money in the market. The 6 or 7 months ahead may or may not have higher returns than 0%, but upon retirement it wont make a difference. Just get it paid off and then start putting everything you can into the market withou...
by Bwlonge
Wed Feb 07, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "what to do with money" thread
Replies: 14
Views: 1684

Re: Yet another "what to do with money" thread

Credit card payoff. The faster that is paid off, the faster you can increase the monthly contributions to your IRA. What's your tax bracket (state and local)? What are your current retirement balances? You can always use Roth IRA CONTRIBUTIONS as a part of your emergency fund so I would not worry a...
by Bwlonge
Wed Feb 07, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "what to do with money" thread
Replies: 14
Views: 1684

Re: Yet another "what to do with money" thread

Seems to me that you are probably paying a higher net rate of interest on the mortgage instead of on the car even after considering the tax deductibility of the mortgage interest, so you might want to look at that again. Have you confirmed that you will be even be itemizing going forward so as to b...