Search found 934 matches

by jminv
Wed Aug 21, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How do you get billed for child's college when not enough cash?
Replies: 38
Views: 2849

Re: How do you get billed for child's college when not enough cash?

Planning for when my child starts college and was wondering how the payment/billing works. Does it work similar to this? 1. accepted to college 2. apply for aide 3. college determines cost and bills parents for the first year 4. apply aide (if available) and payment (cash/529, etc...) to college bi...
by jminv
Mon Aug 19, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Loan Program to use
Replies: 3
Views: 223

Re: Loan Program to use

May need to relocate for work and am trying to figure out the best type of loan package to look at for this situation. Current House has about 130,000 of equity (worth around 360,000) New house around 425,000 Cash on hand for a down payment is 85,000 or 20% to avoid PMI. This money is coming out of...
by jminv
Sun Aug 18, 2019 7:04 am
Forum: Personal Consumer Issues
Topic: How to save on international business class fares for family
Replies: 29
Views: 2272

Re: How to save on international business class fares for family

I plan to take my family (wife, 5 year old and a 20 month infant in lap) to India to visit great grandparents during San Francisco Christmas break and then return with a stopover somewhere in Europe for a brief vacation. With an infant in lap, we want to fly business class for all the legs. The che...
by jminv
Fri Aug 16, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2412
Views: 435250

Re: What are you up YTD? [Year To Date]

J G Bankerton wrote:
Fri Aug 16, 2019 9:14 am
jminv wrote:
Fri Aug 16, 2019 7:40 am
+21.23% YTD, long term treasuries (TLT).
My uncle is up 199%; Bitcoin.
Good for him, I guess.
by jminv
Fri Aug 16, 2019 7:40 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2412
Views: 435250

Re: What are you up YTD? [Year To Date]

+21.23% YTD, long term treasuries (TLT).
by jminv
Thu Aug 15, 2019 1:30 pm
Forum: Investing - Theory, News & General
Topic: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'
Replies: 101
Views: 10257

Re: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'

Something stinks about his research though. He was hired by a hedge fund, with an incentive to produce a report that would send GE shares down, because a good part of his compensation for producing that report is tied to the value of his/the fund's short position in GE. Hardly an unbiased way to st...
by jminv
Tue Aug 13, 2019 6:20 pm
Forum: Non-US Investing
Topic: Foreign Earned Income Exemption and U.S. 401k?
Replies: 24
Views: 1356

Re: Foreign Earned Income Exemption and U.S. 401k?

Also, note that if you are from Virginia (as suggested by your user profile), the state will tax your non-US income unless you take affirmative steps to completely terminate state domicile. From this article : Ted -- thanks for the heads up on the Virginia domicile. We'll have sold our cars and wil...
by jminv
Tue Aug 13, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Limits of HOA power - public streets
Replies: 25
Views: 1924

Re: Limits of HOA power - public streets

Interacting with the town or city is a fairly normal function of HOAs. One I am familiar with does it periodically. Roads are often an item of interest where homeowners want to make the streets safer for kids, pedestrians, to decrease street noise, etc. What they can and cannot do is specific to you...
by jminv
Mon Aug 12, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Rate Reduction or Refinance
Replies: 14
Views: 674

Re: Rate Reduction or Refinance

Interested in opinions on whether to take a 4.25 to 3.875 rate reduction on a 600K mortgage for $700 out of pocket. 301 months remaining and a savings of $125/mo. 6 months to breakeven. OR 4.25 to 3.875 refinance and 3000 closing costs (rolled into mortgage), reset to 360 months for a monthly savin...
by jminv
Sat Aug 10, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Home Claim issues
Replies: 6
Views: 601

Re: State Farm Home Claim issues

I want to request my guy do it and state farm pay for it as they are paying their guy anyway. If anyone has had experience like this with State Farm and can offer any insight, would be appreciated. State Farm is not going to let you take control of deciding whether State Farm is liable so they are ...
by jminv
Fri Aug 09, 2019 8:28 pm
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 34
Views: 2216

Re: so many issues for US expats ... would forming an investing LLC in the US help?

Don't tell your broker you are moving overseas. It's really that simple. Instead of complicating things, use an address in the usa, a vpn, and a google voice number for two factor authentication. Schwab is actually okay with people who they know live part of the time overseas but not people who tel...
by jminv
Fri Aug 09, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: "Rent the Back Yard"
Replies: 41
Views: 2861

Re: "Rent the Back Yard"

It would be interesting if you knew beforehand that you would stay in the house for the life of the deal with the company (30 years) ie, you somehow knew ahead of time you wouldn’t be selling your house during this time. Otherwise, it would be comparable - but worse than - leased solar panels if you...
by jminv
Fri Aug 09, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Have you skipped a flight segment to save on airfare?
Replies: 39
Views: 3125

Re: Have you skipped a flight segment to save on airfare?

My child flies home from college a few times a year and the airfares have gotten more expensive especially for peak times like holidays and spring break, even though it's still a few months out, so I'm thinking about going the skipping the last segment route. Have you done it? It only works on a on...
by jminv
Thu Aug 08, 2019 4:36 am
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 34
Views: 2216

Re: so many issues for US expats ... would forming an investing LLC in the US help?

Don't tell your broker you are moving overseas. It's really that simple. Instead of complicating things, use an address in the usa, a vpn, and a google voice number for two factor authentication. Schwab is actually okay with people who they know live part of the time overseas but not people who tell...
by jminv
Wed Aug 07, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: 10 year treasury yield
Replies: 34
Views: 2714

Re: 10 year treasury yield

Yes, it’s been a good 9 months. Felt stronger about it once the 10 year and 3 month inverted in March. If the next recession is soon, I wouldn’t be surprised to see 10 year at less than 1%.
by jminv
Wed Aug 07, 2019 3:45 am
Forum: Personal Consumer Issues
Topic: Worth it to upgrade to Main Cabin Extra?
Replies: 76
Views: 3811

Re: Worth it to upgrade to Main Cabin Extra?

In a few months I will be taking an overnight 9-hour flight for pleasure. I will be meeting other ladies from my family there which will be flying from other cities in the US. Given the long flight I am thinking of upgrading my economy flight to “Main Cabin Extra” on an exit row so that I can stret...
by jminv
Tue Aug 06, 2019 12:16 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17911

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

A... well diversified portfolio of dividend growers & initiators have done well over the years... These numbers don't look right. https://live.staticflickr.com/7876/47284819501_c09c1d9809_z.jpg https://live.staticflickr.com/7871/47284819581_68722622d0_z.jpg According to the Moneychimp calculator , ...
by jminv
Tue Aug 06, 2019 3:29 am
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs
Replies: 46
Views: 2564

Re: FYI, Spanish bank ATMs

Some French ATMs now have a similar dynamic currency conversion option that appears to be a requirement, ie, it seems you have to accept the rate to get cash. You can actually click cancel/decline and it will go through without the rate. It sounds like this is what it was since the ATM told you the ...
by jminv
Mon Aug 05, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Process to appeal appraisal related to seizure of property?
Replies: 11
Views: 694

Re: Process to appeal appraisal related to seizure of property?

Call the lawyer back and see what he has to say. Don’t pay him upfront, should be contingency. I wouldn’t agree to terms unless it was x% of whatever he gets above and beyond the current offer on the table.
by jminv
Sun Aug 04, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: Schwab's Securities Lending Fully Paid (SLFP) program
Replies: 20
Views: 2621

Re: Schwab's Securities Lending Fully Paid (SLFP) program

Schwab just sent me an offer of a 73% interest rate on loan of 100 shares of stock I think I would contact Schwab immediately, by phone (and be sure to look up the number rather than rely on anything in the offer) and make sure this is legitimate. 73%? For 100 shares? If I got something like that, ...
by jminv
Sun Aug 04, 2019 7:55 pm
Forum: Personal Consumer Issues
Topic: For those who have a revenue generating website.
Replies: 33
Views: 3934

Re: For those who have a revenue generating website.

I have a few websites in different stages with one providing good income and the others still growing. The general idea is that they’re in a field I know very well and something I can stay interested in. It’s not blogging - not interested in that. They’re services. The one that makes me the most mo...
by jminv
Sun Aug 04, 2019 7:47 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 1978

Re: Question about Schwab changes

When I first opened with them, the assigned Schwab person called and introduced himself. Asked me what my plans were - I told him self-directed. He said that most of their clients were and that if there was any problem to contact him. I've been invited by email to a few different events since then b...
by jminv
Sun Aug 04, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the real estate and tax savvy.
Replies: 5
Views: 564

Re: Question for the real estate and tax savvy.

Maybe Exchange into a more expensive multi family and occupy one of the units? More expensive and not equal value since one of the units is for you. Exchange into a property that you rent out for awhile (at least a year maybe two ask your person) and when circumstances change, move into. You’re not ...
by jminv
Sun Aug 04, 2019 9:01 am
Forum: Personal Consumer Issues
Topic: Gifts to Bring when Traveling Overseas
Replies: 72
Views: 3044

Re: Gifts to Bring when Traveling Overseas

Something they can't get (or is difficult to find and/or expensive) in the Netherlands and preferably which is a specialty of your region. Food or drink is best. It would be interesting if you have a personal story about it you can share. Consume it while you are there.
by jminv
Sat Aug 03, 2019 5:18 am
Forum: Non-US Investing
Topic: US investor buying house in London: sell stock and use cash or get mortgage?
Replies: 29
Views: 1736

Re: US investor buying house in London: sell stock and use cash or get mortgage?

Not sure why you are worried about exchange rate effects re: the mortgage if your wife is living in the UK, earning pounds in the UK, you have UK expenses, and you can qualify for a mortgage with just her income. I suppose it is because your self employed income will still be in dollars or? It's th...
by jminv
Fri Aug 02, 2019 7:01 am
Forum: Personal Investments
Topic: Vanguard Frustrations - No Free Trades/Matching Offers
Replies: 75
Views: 3776

Re: Vanguard Frustrations - No Free Trades/Matching Offers

Try First Trade for your needs. Free trades on stocks and a great selections of free etfs. While a Fido bigot, it really is hard to beat First Trade at their own game. As for Vanguard, it remains the biggest mistake I ever made in terms of investing due diligence. I let the reputation (mostly from ...
by jminv
Thu Aug 01, 2019 1:49 pm
Forum: Non-US Investing
Topic: US investor buying house in London: sell stock and use cash or get mortgage?
Replies: 29
Views: 1736

Re: US investor buying house in London: sell stock and use cash or get mortgage?

Get the mortgage. No way would I sell 55% of my taxable. Not sure why you are worried about exchange rate effects re: the mortgage if your wife is living in the UK, earning pounds in the UK, you have UK expenses, and you can qualify for a mortgage with just her income. I suppose it is because your s...
by jminv
Thu Aug 01, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 14929

Re: Why won’t anyone hire me?

Sorry that this is happening to you, I know it's hard to be in this kind of situation. The problem is probably that you haven't had a job in 7 years. It's easiest to find a job while currently employed or with more recent work experience. What you need to do is find a job that will take you which is...
by jminv
Thu Aug 01, 2019 6:14 am
Forum: Personal Consumer Issues
Topic: Johannesburg, VicFalls, Capetown suggestions
Replies: 10
Views: 526

Re: Johannesburg, VicFalls, Capetown suggestions

At Vic Falls, you can pay to go out to an island in the middle of the river by boat. The island is at the edge of the falls. You walk out to the edge of the falls (the very edge, you can look over it if you like) followed by lunch. It's interesting and you should do it. I would suggest getting the K...
by jminv
Tue Jul 30, 2019 12:53 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 262511

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Only in IRA's or taxable too? I would not touch any of these strategies in taxable. Can you elaborate on why not? If we assume that this strategy works perfectly (a big if, but let's just go with it) then it will make a lot of money. Better to make a lot of money and pay a lot of taxes then to not ...
by jminv
Tue Jul 30, 2019 5:17 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6031

Re: What's your Uber passenger rating?

(Note: To check your Uber passenger rating, open the app, tap the menu in the upper-left of the screen, and read the number just below your name.) Yet apparently, 1 in 7 of my drivers are giving me 4 stars instead of 5. Could I be doing something wrong or irritating to the drivers that I'm not awar...
by jminv
Mon Jul 29, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: Prepaid eSIM for Europe travel
Replies: 18
Views: 830

Re: Prepaid eSIM for Europe travel

Truphone has a relatively inexpensive esim plan. 5gb for 20 euros. It’s app based, has support for 80 countries. There’s GigSky too. Those are the two that apple support certified as worldwide esim service providers but who knows if you’ll run into problems or not but you can run into problems roam...
by jminv
Mon Jul 29, 2019 5:05 pm
Forum: Personal Consumer Issues
Topic: Prepaid eSIM for Europe travel
Replies: 18
Views: 830

Re: Prepaid eSIM for Europe travel

Truphone has a relatively inexpensive esim plan. 5gb for 20 euros. It’s app based, has support for 80 countries. There’s GigSky too. Those are the two that apple support certified as worldwide esim service providers but who knows if you’ll run into problems or not but you can run into problems roam...
by jminv
Sun Jul 28, 2019 4:30 am
Forum: Personal Consumer Issues
Topic: Solar Panel worth it 2019? SoCal region
Replies: 29
Views: 2843

Re: Solar Panel worth it 2019? SoCal region

Another interesting thought that I had. And a bit off my own topic. Why not just buy a Tesla Powerwall and forget about installing solar panel on the roof? And arbitrage the peak and off peak power prices? - Summer (June- Sept) weekdays 4-9pm is 40c/kWh (ouch!), all other time is 14c/kWh. On weeken...
by jminv
Sat Jul 27, 2019 6:38 am
Forum: Investing - Theory, News & General
Topic: Is getting a home to airbnb a good investment?
Replies: 18
Views: 2060

Re: Is getting a home to airbnb a good investment?

I know Bogleheads are generally anti-rental property, and I agree with you guys on that. Often, when you figure out the hidden costs of empty rentals, tenant eviction, legal/court fees, maintenance and upkeep fees, the returns ain't that good. I get that. However, does AirBnb change the equation? A...
by jminv
Sat Jul 27, 2019 3:24 am
Forum: Personal Finance (Not Investing)
Topic: French bank account for U.S. student
Replies: 12
Views: 935

Re: French bank account for U.S. student

Thanks @jminv and @criticalmass! Another question (sorry, hopefully the last one :?): is it typical in France to be able to get cash back when making purchases using your debit card, say while buying groceries at the supermarket? Here in the States, it's easy to get $40 back while paying for the go...
by jminv
Fri Jul 26, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: French bank account for U.S. student
Replies: 12
Views: 935

Re: French bank account for U.S. student

@jminv - thank you very much for the thorough information. Looks like getting a local French bank account is essential so my son will work on getting that set up ASAP. Do you know if French bank ATMs also allow use of a U.S. bank or credit union debit card to withdraw cash without a fee? Doing a li...
by jminv
Fri Jul 26, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Increase Options Advice
Replies: 8
Views: 745

Re: Long Term Care Insurance Increase Options Advice

Hello everyone, I want looking for some suggestions on the options we face on another dreaded increase in Long Term Care Insurance (LTCI) premiums that we were recently informed of by Genworth. Let me provide some information that will hopefully be sufficient. Current Policy Information: Genworth, ...
by jminv
Fri Jul 26, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: Prepaid eSIM for Europe travel
Replies: 18
Views: 830

Re: Prepaid eSIM for Europe travel

Truphone has a relatively inexpensive esim plan. 5gb for 20 euros. It’s app based, has support for 80 countries. There’s GigSky too. Those are the two that apple support certified as worldwide esim service providers but who knows if you’ll run into problems or not but you can run into problems roami...
by jminv
Fri Jul 26, 2019 4:48 am
Forum: Personal Finance (Not Investing)
Topic: French bank account for U.S. student
Replies: 12
Views: 935

Re: French bank account for U.S. student

My son (U.S. citizen) will be starting at the American University of Paris next month. AUP has a relationship with a French bank with a branch near campus and offers to help foreign students open an account there prior to arrival. I know my son can use his U.S. bank debit card for purchases (no int...
by jminv
Thu Jul 25, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Way out of financial catastrophe?
Replies: 80
Views: 10758

Re: Way out of financial catastrophe?

Hi all, We're in an unfortunate financial situation and am posting here to see if anyone has any ideas. I have been working as an attending for almost 4 years. Spouse is part time attending. Household income is mid 400s-low 500s, will increase next year. We bought a house in a high cost of living a...
by jminv
Wed Jul 24, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5066

Re: Dogs and homeowners insurance company

So we had our insurance agent out to the house to look over coverages and be sure we are all on the same place with rising costs, ect. Really had not done this in a few years. Our agent remarked that insurance companies are getting very wary of dogs on the property. Certain breeds will either raise...
by jminv
Tue Jul 23, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Business loan to relative
Replies: 33
Views: 1426

Re: Business loan to relative

A cousin is asking for a 1-year loan on which he will pay high interest, to use in starting a business. He has described the business to me, and it makes sense. The promissory note is guaranteed by him personally and by a company he owns (not the new business he is starting). The company has a web ...
by jminv
Tue Jul 23, 2019 5:34 am
Forum: Personal Investments
Topic: YieldStreet latest offering - North Florida Pre-Development Financing
Replies: 11
Views: 882

Re: YieldStreet latest offering - North Florida Pre-Development Financing

Below is the latest offering from YieldStreet. Any thoughts? North Florida Pre-Development Financing YieldStreet Real Estate provided a $4.0M first mortgage bridge loan secured by 23.5 acres of land within a 3,000-acre master-planned community outside Jacksonville, Florida. Total Loan - $4M Annual ...
by jminv
Mon Jul 22, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Accounts that take foreign currency (London Oyster card refund)?
Replies: 6
Views: 441

Re: Accounts that take foreign currency (London Oyster card refund)?

You can open a transferwise borderless account which will allow you to accept a local British transfer. You can then withdraw the money with their debit card or transfer it to your regular account.
by jminv
Mon Jul 22, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Tree guy is no-show; payment was "deposit"
Replies: 47
Views: 5759

Re: Tree guy is no-show; payment was "deposit"

In early May, my friend in Delaware paid a guy who runs a tree service $500 to have a tree cut down. Over two months later it has not happened. When he talks to the tree guy's wife (who does the scheduling) he is told that they are very busy, but will get to my friend soon. My initial advice was to...
by jminv
Mon Jul 22, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 396
Views: 34090

Re: Selling home- Demanding Buyer (Repairs)

Any thoughts on the sale price. Had one offer in the three weeks or so since relisted. Would you lower it? Sales agent seems to think so. I think the summer heat, especially heat wave here in the northeast, has slowed down activity a bit here. You had one official offer you mentioned today but also...
by jminv
Sat Jul 20, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Login for citicard-Citibank [login problems]
Replies: 19
Views: 1309

Re: Login for citicard-Citibank [login problems]

I frequently have problems with citibank's credit card login portal where it says that my username and password are incorrect despite them being correct. This is the only credit card portal I ever have trouble with. This causes the account to be locked and forces a reset of the password after provid...
by jminv
Wed Jul 17, 2019 1:30 pm
Forum: Personal Investments
Topic: Trigger GEARS - structured notes
Replies: 17
Views: 856

Re: Trigger GEARS - structured notes

The no adjustment for exchange rates that another poster noted is ridiculous. Have you given much thought to why that might be? JP Morgan definitely did. Not noticing this issue is one reason it looked attractive to you. I would imagine that the main reason it looked attractive to you is the leverag...