Search found 304 matches

by tmcc
Mon Jul 22, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7607

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

1. How will you prove you had a loss, when you only have a paper loss rather than a actual loss It's not a paper loss. It's a real loss due to the reduction in value of the vehicle due to repairs. It is a paper loss at the moment. It only becomes a real loss if you sell. Completely wrong. Just like...
by tmcc
Sun Jun 23, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: For those who tip valet and/or dog kennel
Replies: 11
Views: 1439

Re: For those who tip valet and/or dog kennel

maybe i'd consider the kennel if the per day cost weren't more than my mortgage principal.
by tmcc
Thu Jun 06, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Pine Tree Incident
Replies: 31
Views: 3741

Re: Pine Tree Incident

No!!!!!!

Get an independent adjuster for the claim and see what their damage assessment and fees would be.

Hire and vet contractors on your own. Never put a contractor on the reins of your money.
by tmcc
Wed Jun 05, 2019 2:20 pm
Forum: Personal Investments
Topic: Morgan Stanley's ridiculous fees, and transferring out
Replies: 7
Views: 1133

Re: Morgan Stanley's ridiculous fees, and transferring out

Be glad you dont have computershares. For my ESPP they charge $35 to convert shares to common then another $15 to sell shares. They also dont let you sell fractional shares.
by tmcc
Tue Jun 04, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Value of Zillow house price estimate
Replies: 44
Views: 6332

Re: Value of Zillow house price estimate

I wonder what the actual Zillow‘s estimate value is for the house seller. My property was listed with a wrong footage and some other attributes were incorrect for many years and I didn’t pay attention. However as a result, the property is shown on the site below market I think You will find a lot o...
by tmcc
Tue Jun 04, 2019 4:35 am
Forum: Personal Investments
Topic: pay off an ARM mortgage or not?
Replies: 58
Views: 3608

Re: pay off an ARM mortgage or not?

I might be an idiot but isn't Joylesshusband just talking about a future cash flows analysis based on the amortization of the remaining balance at a rate? sounds like the beginning of an IRR calc, which is 100% legitimate. However, when you complete the calculation, the IRR (Internal Rate of Return...
by tmcc
Mon Jun 03, 2019 9:07 pm
Forum: Personal Investments
Topic: pay off an ARM mortgage or not?
Replies: 58
Views: 3608

Re: pay off an ARM mortgage or not?

I might be an idiot but isn't Joylesshusband just talking about a future cash flows analysis based on the amortization of the remaining balance at a rate? sounds like the beginning of an IRR calc, which is 100% legitimate.
by tmcc
Mon Jun 03, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: 700 Years of Falling Interest Rates, 1310-2018
Replies: 57
Views: 7714

Re: 700 Years of Falling Interest Rates, 1310-2018

Bump. Good and relevant thread on rates
by tmcc
Mon May 20, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Dealing with construction noise
Replies: 27
Views: 1849

Re: Dealing with construction noise

others have the sound concerns nailed down. you could also consider going to the library if those ideas dont work out. on a completely separate note, hopefully you have reviewed the plans that the developers put in... two things on that. (1) the new construction in flooded areas may be built/graded ...
by tmcc
Thu May 09, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Home owners title insurance
Replies: 4
Views: 555

Re: Home owners title insurance

title insurance sure seems like the car undercoating of housing transactioms.

i would love to see the loss rates on transactions without title insurance.
by tmcc
Thu May 09, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25441

Re: Crypto bulls are back. Are you getting in?

Yet another major theft of bitcoin. https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin?srnd=premium And bitcoin is supposed to be a great store of wealth. the analogy here is that this is like a bank robbery where customer accounts are n...
by tmcc
Thu May 09, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

the vix june 2019 contract symbol is VXK19. the K19 means June 2019 expiration. you can't ride out a loss until it gets back to zero. contracts expire and you will either be called or be debited for any shortfall if you have losers. :sharebeer You can just roll the contract to the next month/quarte...
by tmcc
Thu May 09, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25441

Re: Crypto bulls are back. Are you getting in?

Yet another major theft of bitcoin. https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin?srnd=premium And bitcoin is supposed to be a great store of wealth. the analogy here is that this is like a bank robbery where customer accounts are n...
by tmcc
Thu May 09, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

VTI executed at 146 and still falling. I moved cash from my "emergency" fund because when the VIX is high it is time to buy. Is the VIX high? :confused We are only about 3.5% off the all-time high. Does this even qualify as a dip yet? My buy bots are now set at $1 drops in VTI. The percent drop get...
by tmcc
Thu May 09, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

VTI executed at 146 and still falling. I moved cash from my "emergency" fund because when the VIX is high it is time to buy. Is the VIX high? :confused We are only about 3.5% off the all-time high. Does this even qualify as a dip yet? My buy bots are now set at $1 drops in VTI. The percent drop get...
by tmcc
Thu May 09, 2019 8:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

This is the big one i can feel it I just went 100% VIX BOOYA! 'When the Vix is high, it's time to buy. When the Vix is low, it's time to go'; couple that with sell in May and go away and there you have it. :confused tomorrow is looking very promising. trade deal is off 8-) The trade deal has been o...
by tmcc
Thu May 09, 2019 5:03 am
Forum: Personal Consumer Issues
Topic: grubs and skunks
Replies: 17
Views: 1675

Re: grubs and skunks

you need some owls to take down the skunks then some foxes to take down the owls. then you can make clothing out of the foxes. sell the clothing on ebay. then the circle of life is complete.
by tmcc
Wed May 08, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: I have a car problem - $100K+ Cars
Replies: 48
Views: 7082

Re: I have a car problem - $100K+ Cars

Is there any concern that this ability to drive an exotic, high end auto for a year or two and sell it for what you paid or more is a temporary anomaly bolstered by a strong economy and demand that may not last? Is there perhaps a bubble here? Is anyone worried about getting stuck (if the bubble ex...
by tmcc
Wed May 08, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

J G Bankerton wrote:
Wed May 08, 2019 6:33 pm
tmcc wrote:
Wed May 08, 2019 1:05 pm
tmcc wrote:
Wed May 01, 2019 5:19 pm
This is the big one i can feel it

I just went 100% VIX
BOOYA!
'When the Vix is high, it's time to buy. When the Vix is low, it's time to go'; couple that with sell in May and go away and there you have it. :confused
tomorrow is looking very promising. trade deal is off 8-)
by tmcc
Wed May 08, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

tmcc wrote:
Wed May 01, 2019 5:19 pm
This is the big one i can feel it

I just went 100% VIX
BOOYA!
by tmcc
Tue May 07, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: "Shopping for Healthcare" - How Use an HSA Effectively
Replies: 30
Views: 2351

Re: "Shopping for Healthcare" - How Use an HSA Effectively

Yeah I've used an HSA for years. I'm not shocked at the $230 even remotely. I'm out of Chicago. If you go to an urgent care you can even look at $300. Welcome to American healthcare. Where the prices are all made up and the facts don't matter. The entire system --- the multi-billion dollar industry...
by tmcc
Tue May 07, 2019 6:00 am
Forum: Personal Finance (Not Investing)
Topic: New car loan - Interest rate
Replies: 32
Views: 4180

Re: New car loan - Interest rate

I don't recall saying it was risk free -- just that its a poor use of money in present value terms. lets look at it a different way. 3.5% rate less (supposed) 2% inflation = 1.5% effective rate. S&P dividend yield is 2% +/-. cheap debt is [almost] always better than capital outlay unless you're ove...
by tmcc
Mon May 06, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: point of maximal pessimism for international investing
Replies: 66
Views: 6076

Re: point of maximal pessimism for international investing

It’s all about currency strength of the USD since all of your non-US holdings have to be converted back into USD. I’m honestly surprised how much currency impacts seem to stump Bogleheads when they keep asking this question over and over. I’ve said it before but I’ll say it again - when you invest ...
by tmcc
Mon May 06, 2019 8:26 pm
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 72
Views: 11838

Re: Visualizing the devastating impact of fees

Warren Buffett did something akin to that during his early years, but I've not heard of any hedge funds still using that model. Would you be so kind as to provide us with some examples? There is no way for me to easily dig up tickers for you but I know Allianz, Orbis and a couple of other instituti...
by tmcc
Mon May 06, 2019 9:09 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 72
Views: 11838

Re: Visualizing the devastating impact of fees

This makes 2/20 hedge funds look even more ridiculous as a BAD deal. Not all are like this but many are 2/20 only after they beat the S&P. free or low fee until then Warren Buffett did something akin to that during his early years, but I've not heard of any hedge funds still using that model. Would...
by tmcc
Mon May 06, 2019 6:27 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 72
Views: 11838

Re: Visualizing the devastating impact of fees

This makes 2/20 hedge funds look even more ridiculous as a BAD deal. Not all are like this but many are 2/20 only after they beat the S&P. free or low fee until then Warren Buffett did something akin to that during his early years, but I've not heard of any hedge funds still using that model. Would...
by tmcc
Mon May 06, 2019 6:20 am
Forum: Personal Finance (Not Investing)
Topic: New car loan - Interest rate
Replies: 32
Views: 4180

Re: New car loan - Interest rate

I don't recall saying it was risk free -- just that its a poor use of money in present value terms. lets look at it a different way. 3.5% rate less (supposed) 2% inflation = 1.5% effective rate. S&P dividend yield is 2% +/-. I don't consider a short-term 3.5% non-taxable debt to be cheap. this is t...
by tmcc
Sun May 05, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 72
Views: 11838

Re: Visualizing the devastating impact of fees

Theoretical wrote:
Thu Apr 20, 2017 7:15 am
This makes 2/20 hedge funds look even more ridiculous as a BAD deal.
Not all are like this but many are 2/20 only after they beat the S&P. free or low fee until then
by tmcc
Sun May 05, 2019 9:38 am
Forum: Investing - Theory, News & General
Topic: Housing market bubble
Replies: 27
Views: 6328

Re: Housing market bubble

I didn't read the whole thread but the population in the US is aging. There won't be fewer old people in the future, there will be more. If you miss the wave, you might be permanently hosed. The real answer is that no one knows. Watch closely and you might be amongst first in or first out (market ti...
by tmcc
Sun May 05, 2019 6:47 am
Forum: Personal Consumer Issues
Topic: I have a buddy in Australia he says he pays for each email. I never heard of this. Is this true?
Replies: 17
Views: 3520

Re: I have a buddy in Australia he says he pays for each email. I never heard of this. Is this true?

bertilak wrote:
Sat May 04, 2019 1:39 pm
mega317 wrote:
Thu May 02, 2019 11:11 pm
Maybe he's taking about the extra electricity. Or he pays a piece of his soul for extra time spent.
It's better to lump-sum at the crossroads than DCA piecemeal.
stay the course, email we must
by tmcc
Sun May 05, 2019 6:09 am
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 87
Views: 13135

Re: Rolex

https://www.rolex.com/watches/cosmograp ... -0027.html

get this one, this is pretty sweet.
by tmcc
Fri May 03, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204677

Re: U.S. stocks continue to soar!

Wasnt there a stat where total market was at all time highs at 45% closing bells? 45% seems high so please feel free to correct it if you know what I'm talking about
by tmcc
Fri May 03, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: New car loan - Interest rate
Replies: 32
Views: 4180

Re: New car loan - Interest rate

I don't recall saying it was risk free -- just that its a poor use of money in present value terms. lets look at it a different way. 3.5% rate less (supposed) 2% inflation = 1.5% effective rate. S&P dividend yield is 2% +/-. cheap debt is [almost] always better than capital outlay unless you're over...
by tmcc
Fri May 03, 2019 6:24 am
Forum: Personal Finance (Not Investing)
Topic: New car loan - Interest rate
Replies: 32
Views: 4180

Re: New car loan - Interest rate

I always get confused with these conversations. 3.5% is pretty low. at 3.5% and 72m, total interest on a 50k loan is $5500 and the payment is $770 with 0 down. if you cashflow the loan, take that 50k and lump sum invest at 6% annual nominal return, that is a net benefit of $16k vs paying cash. 50k c...
by tmcc
Wed May 01, 2019 7:23 pm
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 5464

Re: Intel sell or hold

Have you considered selling covered calls? You get both the premium of the call and the dividends while you wait. came to post this. you'll make great money selling calls slightly out of the money and if the stock actually rises, you're merely locking in a strike price. call your broker to negotiat...
by tmcc
Wed May 01, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129592

Re: U.S. stocks in free fall

This is the big one i can feel it

I just went 100% VIX
by tmcc
Mon Apr 29, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much is a good insurance agent worth to you?
Replies: 20
Views: 1388

Re: How much is a good insurance agent worth to you?

Having an intelligent broker is far better than a carrier agent

Good brokers know reputable companies, can price a lot of places quickly .
by tmcc
Wed Apr 24, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: “Smart Home” upgrades?
Replies: 30
Views: 3034

Re: “Smart Home” upgrades?

Amazon's Alexa Reviewers Can Access Customers' Home Addresses https://www.bloomberg.com/news/articles/2019-04-24/amazon-s-alexa-reviewers-can-access-customers-home-addresses An Amazon.com Inc. team auditing Alexa users’ commands has access to location data and can, in some cases, easily find a cust...
by tmcc
Wed Apr 24, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: Efficient Markets Indeed
Replies: 49
Views: 4407

Re: Efficient Markets Indeed

Sadly, I believe that many here believe precisely that. With the caveats that nothing is immediate but extremely fast, and that "information" includes both fact and fiction, truth and rumor, speculation and certainty, then it is close enough for me. In light of situations such as those brought up b...
by tmcc
Tue Apr 23, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: Efficient Markets Indeed
Replies: 49
Views: 4407

Re: Efficient Markets Indeed

Stating that prices are reflective of all information is, in and of itself, vacuous. Only the parodists and those they fool claim that. Sadly, I believe that many here believe precisely that. With the caveats that nothing is immediate but extremely fast, and that "information" includes both fact an...
by tmcc
Tue Apr 23, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204677

Re: U.S. stocks continue to soar!

By December 26th last year, I had fully TLH'd and flipped to 100% stocks. Now as we touch 2018 highs again (all time highs), it seems like it would be prudent to start to move back to 80/20 or 70/30. Thoughts?
by tmcc
Mon Apr 22, 2019 5:28 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 140
Views: 10030

Re: fun car advice

you can’t turn a Prius into a 2000lb rear wheel drive car. There’s also the factory turbo Mazdaspeed Miata if you want a bit more kick. I beg to differ https://www.youtube.com/watch?v=c2bknPS7YuQ No way that thing is 2,000lbs :mrgreen: Another point is that there are numerous v8 swap kits ready to ...
by tmcc
Mon Apr 22, 2019 5:19 am
Forum: Personal Consumer Issues
Topic: “Smart Home” upgrades?
Replies: 30
Views: 3034

Re: “Smart Home” upgrades?

My only major problem with "smart" is when it goes through google, siri or alexa. They are recording you at all times if you allow one of those to be in your house. That said, if you aren't comfortable with the *potential* of being recorded whenever a trigger is given, then voice activated systems ...
by tmcc
Mon Apr 22, 2019 5:02 am
Forum: Personal Consumer Issues
Topic: “Smart Home” upgrades?
Replies: 30
Views: 3034

Re: “Smart Home” upgrades?

Smart window treatments/shades, interior lights via remote control or voice

My only major problem with "smart" is when it goes through google, siri or alexa. They are recording you at all times if you allow one of those to be in your house.
by tmcc
Sun Apr 21, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Loan to employer?
Replies: 24
Views: 1920

Re: Loan to employer?

If she is sensitive about EBITDA incentives facetiously or not, this might be the right time to talk about ownership equity. Especially if you're about to become an employee/bond holder.
by tmcc
Sun Apr 21, 2019 5:58 am
Forum: Personal Consumer Issues
Topic: DIY home security system
Replies: 23
Views: 2152

Re: DIY home security system

drawpoker wrote:
Sat Apr 20, 2019 9:44 pm
DanMahowny wrote:
Sat Apr 20, 2019 2:07 pm

...have 2 working line German Shepherds......both are protection trained.......When they hear a noise, the female goes to investigate, and the male stands next to my wife.
Okay, then, just what is it that You do.... :?:
not a concern, that's why he got the dogs! 8-)
by tmcc
Sun Apr 21, 2019 5:53 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 140
Views: 10030

Re: fun car advice

you can’t turn a Prius into a 2000lb rear wheel drive car. There’s also the factory turbo Mazdaspeed Miata if you want a bit more kick. I beg to differ https://www.youtube.com/watch?v=c2bknPS7YuQ No way that thing is 2,000lbs :mrgreen: Another point is that there are numerous v8 swap kits ready to ...
by tmcc
Sun Apr 21, 2019 5:46 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 2031

Re: VHT / XBI / XLV holders (healthcare)

10% of my portfolio is in VGHAX. One of the first funds I bought in the mid 1990s (as investor shares) along with an SP%00 fund and Fidelity Low Price Stock. I have since switched mostly to index funds, but still have it as it has returned something like 15-16% since that time frame. My fiancee is ...
by tmcc
Sat Apr 20, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 140
Views: 10030

Re: fun car advice

alfaspider wrote:
Sat Apr 20, 2019 8:45 am
you can’t turn a Prius into a 2000lb rear wheel drive car. There’s also the factory turbo Mazdaspeed Miata if you want a bit more kick.
I beg to differ

https://www.youtube.com/watch?v=c2bknPS7YuQ
by tmcc
Sat Apr 20, 2019 9:10 am
Forum: Investing - Theory, News & General
Topic: Efficient Markets Indeed
Replies: 49
Views: 4407

Re: Efficient Markets Indeed

Major index funds that track the S&P or Dow etc are pretty efficient. The extent of mispricing in an entire equity index like the S&P would have to be enormous to move the index. It can happen but it takes a LOT. Now, in terms of an equity sector or individual stocks, commodities (grains, energy met...