Search found 2784 matches

by megabad
Sat May 09, 2020 7:54 pm
Forum: Personal Investments
Topic: Tax Loss Harvest in 12% bracket?
Replies: 25
Views: 1498

Re: Tax Loss Harvest in 12% bracket?

If you have gains and are in the 0% bracket , you would almost certainly not want to realize any losses.
by megabad
Sat May 09, 2020 7:29 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13073

Re: Will "work from home" destroy the commercial real estate market?

Nope. Commercial real estate is on long term leases mostly. So it will be a long slow death. The only thing that could hasten that would be bankruptcies. Of course if huge numbers of companies go bankrupt, commercial real estate will be the least of our problems. It doesn’t seem like the public (or ...
by megabad
Sat May 09, 2020 7:25 pm
Forum: Personal Consumer Issues
Topic: Problems with Xfinity Internet drops
Replies: 28
Views: 1631

Re: Problems with Xfinity Internet drops

Are your neighbors having any issues?
by megabad
Sat May 09, 2020 7:15 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5326

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

While I myself will never be going in a nursing facility (personal decision that is not relevant to your question), I would offer that it seems a bit ridiculous to judge nursing facilities based on their response to this crisis. As other posters have noted, I can’t think of too many facilities that ...
by megabad
Sat May 09, 2020 6:38 pm
Forum: Investing - Theory, News & General
Topic: Time Horizon
Replies: 8
Views: 567

Re: Time Horizon

Time horizon always means the same thing. How long until you spend the money. Whether you are retired or not is irrelevant. In other words, all spending is tied to “a specific event” eventually and that specific event will happen at some specific time in the future.
by megabad
Mon May 04, 2020 2:21 am
Forum: Personal Consumer Issues
Topic: Window AC for bedrooms and living room, any recommendations?
Replies: 28
Views: 1388

Re: Window AC for bedrooms and living room, any recommendations?

I would check with your landlord first if you haven’t already. My leases for my properties specifically forbid window AC units but yours may not. Also make sure you have an empty circuit if you are getting a big unit. My parents have an LG unit that has phone control and scheduling. Works pretty wel...
by megabad
Mon May 04, 2020 2:05 am
Forum: Personal Investments
Topic: All-in-one fund recommendations
Replies: 46
Views: 3879

Re: All-in-one fund recommendations

The major robo advisers do essentially exactly what you request, but you don’t like the expense ratio. As with the target funds, if you aren’t willing to pay for the automated rebalance feature, than the other viable way is just to hold the funds separately and rebalance yourself. I would think a pr...
by megabad
Mon May 04, 2020 1:54 am
Forum: Personal Consumer Issues
Topic: [Use basement air to cool 2nd floor?]
Replies: 18
Views: 1179

Re: Basement temperature versus 2nd floor temperature

Doesn’t seem to me like this would save much for most folks. How cold is basement relative to outside air? Also, basements are usually humid...
by megabad
Mon May 04, 2020 1:48 am
Forum: Personal Consumer Issues
Topic: Do Cell Phone Boosters Work?
Replies: 24
Views: 1454

Re: Do Cell Phone Boosters Work?

Thanks for the update OP. Surprised but glad you are having a good experience so far. I never had good luck with these sort of fake boosters. None of them seemed to have enough bandwidth to run more than one lightly used phone. That and the obvious disadvantage of my phone not working in a storm wer...
by megabad
Mon May 04, 2020 1:40 am
Forum: Personal Investments
Topic: Taxable for Young Investor
Replies: 35
Views: 2489

Re: Taxable for Young Investor

As for "maxing" his 401k, he's employed. You can only hit the $50k+ mark in a solo 401k. This is not true. After tax contributions are allowable by law in any 401k, it is up to the plan to make that decision. As a high income 24 year old, the odds that his plan allows after tax contributions is ver...
by megabad
Sun May 03, 2020 6:52 pm
Forum: Personal Investments
Topic: Taxable for Young Investor
Replies: 35
Views: 2489

Re: Taxable for Young Investor

eyemgh wrote:
Fri May 01, 2020 10:39 pm
My son, age 24, is in a fortunate situation. He has a good job that allows him to max his 401k
When you say “max” do you mean $57k? If not, then I would look into after tax 401k contributions before taxable. If so, it is an understatement that he is “in a fortunate situation”.
by megabad
Sun May 03, 2020 6:46 pm
Forum: Personal Consumer Issues
Topic: HVAC Proposals - Any Thoughts
Replies: 14
Views: 1149

Re: HVAC Proposals - Any Thoughts

My first inclination would be to get some additional non carrier quotes. Just a suggestion. Prices seem high to me but carrier is generally a more expensive brand and I have no idea what labor costs in Philadelphia.
by megabad
Sun May 03, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Houses Are Not Edible
Replies: 21
Views: 2886

Re: Houses Are Not Edible

Seems like a silly question. Your examples are pretty poor examples of “liquidity”. A better question would be, should you rely on these suggested forms of debt in planning for a time of economic uncertainty? And you have an abundance of evidence that tells you absolutely not. Essentially no one wit...
by megabad
Tue Apr 28, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: Will the index funds save us?
Replies: 23
Views: 2507

Re: Will the index funds save us?

Actionably: Maybe we should all call up Vanguard and tell them to get in on that action? Philosophically, I can’t support any significant action.I am a free market proponent and simply want to own the market as defined by others (for the most part). Any significant action by Vanguard or other provi...
by megabad
Mon Apr 27, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7149

Re: How do you explain no COVID19 Stimulus Payment?

I am one of those people who believes it is rude to inquire about someone else's finances. ie. most people. This particular question probably depends more on your social circle and job though since it isn’t exact. A surgeon hanging around other surgeons probably wouldn’t have any trouble admitting ...
by megabad
Mon Apr 27, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle - delivery
Replies: 19
Views: 1724

Re: Side Hustle - delivery

A kid we just hired was doing Uber eats (before coronavirus). I think he said he was turning about 200 bucks on a good weekend working a few hours during the day when Uber was slow. I think with short hours you could probably come out to 25 bucks an hour. 40 hours a week and I think it is pretty unl...
by megabad
Mon Apr 27, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Why shouldn´t I buy oil futures now?
Replies: 92
Views: 7179

Re: Why shouldn´t I buy oil futures now?

Lol funny thread. I am tempted to include a picture of livings room full of barrels of oil that you couldn’t offload.
by megabad
Mon Apr 27, 2020 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep cold hard cash in your home?
Replies: 22
Views: 1256

Re: Do you keep cold hard cash in your home?

My grandparents kept a substantial amount of cash on hand (pre-ATM days). Now I read news articles where someone had several thousand on their person or in their house, the money is seized, and they are assumed to be a criminal. A bit hard to do this legally in the US without probable cause. Of cou...
by megabad
Mon Apr 27, 2020 4:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Household Statements AGAIN!
Replies: 11
Views: 1616

Re: Vanguard Household Statements AGAIN!

All brokerage here and no go for me a couple years ago (per my comment above).
by megabad
Mon Apr 27, 2020 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep cold hard cash in your home?
Replies: 22
Views: 1256

Re: Do you keep cold hard cash in your home?

Primary advantage is having cash at a time when you can’t get to the bank (and maybe you need more than you can get from an ATM...). Disadvantages are diminishing real value and...security among others. I keep a little around for various purposes but not enough to pay anybody’s ransoms or anything. ...
by megabad
Mon Apr 27, 2020 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Household Statements AGAIN!
Replies: 11
Views: 1616

Re: Household Statements AGAIN!

I didn't follow all your post or the reply from VG but - we have a Household statement that includes everything that is titled in our names jointly as well as any account that is titled in our name(s) individually. We each can "see" all the accounts using our respective log-in IDs but trading is re...
by megabad
Mon Apr 27, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Household Statements AGAIN!
Replies: 11
Views: 1616

Re: Household Statements AGAIN!

You were told what I have encountered. Without joint accounts, that means a couple would get a minimum of one statement each (or 2 per household). I actually think it’s cleaner that way anyway personally but I get why you might want one instead of 2 (assuming no joint).
by megabad
Mon Apr 27, 2020 3:55 pm
Forum: Personal Investments
Topic: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement
Replies: 27
Views: 1909

Re: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement

When are you planning on buying the new house? In general, I don’t like paying off the mortgage if you are leaving soon but it may make sense to pay off or maybe refi if you are going to remain there. I also don’t love the idea of putting quite that much into 529 that I assume would not be state ta...
by megabad
Mon Apr 27, 2020 3:26 pm
Forum: Personal Investments
Topic: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement
Replies: 27
Views: 1909

Re: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement

When are you planning on buying the new house? In general, I don’t like paying off the mortgage if you are leaving soon but it may make sense to pay off or maybe refi if you are going to remain there. I also don’t love the idea of putting quite that much into 529 that I assume would not be state tax...
by megabad
Mon Apr 27, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6030

Re: Carrying a big long mortgage

Specifically, it increases sequence of returns risk. Retirees' portfolios may average higher returns than a mortgage rate (taxes are important here as well since not many are able to deduct their mortgage interest any more, but investment returns are usually taxable in some way), but due to sequenc...
by megabad
Mon Apr 27, 2020 3:08 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19840

Re: Why am I even saving for retirement?

Because you are implying an equivalence between optional expenses and necessary expenses. Everyone must pay for food and utilities, but everyone does not have to make a house payment. I think we could debate the definition of “cost of living” expenses all day....I consider food and utilities to hav...
by megabad
Mon Apr 27, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6030

Re: Carrying a big long mortgage

Do you see how retaining a mortgage increases retirees' risk? I'm not saying that it doesn't increase their opportunity for reward as well, because it does. Increases risk or increases sequence of return risk? I do agree that leverage can increase risk. Though US 30 yr mortgages are artificially co...
by megabad
Mon Apr 27, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Alternative 401k strategies?
Replies: 8
Views: 362

Re: Alternative 401k strategies?

I would just go into the self directed option if you want more control.

*not an endorsement of any specific strategy.
by megabad
Mon Apr 27, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6030

Re: Carrying a big long mortgage

The basic problem is quite simple. If you have a mortgage, you have to make that payment every month, even if your portfolio is suffering. That's the basic essence of sequence of returns risk. Even a today's historically low interest rates, a 3.5% 30 year mortgage would equate to about a 5.4% fixed...
by megabad
Mon Apr 27, 2020 2:23 pm
Forum: Personal Consumer Issues
Topic: Toyota vs. Kia Quality & Longevity
Replies: 82
Views: 5665

Re: Toyota vs. Kia Quality & Longevity

If you buy new, there is absolutely no comparison over the long term based on history (all we have). Toyota all the way. It isn’t close. If you buy used, maybe a Kia might come out ahead depending on the ownership cycle. Basically if I could get a huge discount (say maybe 30-50%), I would take my ch...
by megabad
Mon Apr 27, 2020 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HELOC/home equity loan used to pay off a personal loan I used for home improvement
Replies: 10
Views: 381

Re: Tax deduction for HELOC/home equity loan used to pay off a personal loan I used for home improvement

My opinion is I think you cannot deduct but not 100% sure. You must already have a load of deductions to where this 20k loan is worth deducting.
by megabad
Mon Apr 27, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6030

Re: Carrying a big long mortgage

It is definitely a rather complicated assumption that a mortgage increases sequence of returns risk. Compared to what? I don’t think that is trivial at all. Of course I generally have a hard time understanding “sequence of return risk” since it assumes your withdrawals are basically unchangeable for...
by megabad
Mon Apr 27, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Will the index funds save us?
Replies: 23
Views: 2507

Re: Will the index funds save us?

JoMoney wrote:
Mon Apr 27, 2020 1:47 pm
seems to me "passive investing" does not mesh well at all with the idea of taking an active interest in how the company operates.
I certainly agree with this. I think this is why the industry has started so many ESG funds (not that these are necessarily a perfect solution).
by megabad
Mon Apr 27, 2020 1:45 pm
Forum: Personal Investments
Topic: Roth IRA & Muni question
Replies: 9
Views: 449

Re: Roth IRA & Muni question

Actually its slightly different as to how I ended up with VOHIX. so I was having about 12months worth of emergency funds mostly in High Yeild Savings account and CD. I wanted to see if I squeeze out a bit more returns for little more risk. So that is how I found VOHIX muni fund. I kind of view this...
by megabad
Mon Apr 27, 2020 1:26 pm
Forum: Investing - Theory, News & General
Topic: What's Behind the Long-term Decline in Interest Rates?
Replies: 41
Views: 2863

Re: What's Behind the Long-term Decline in Interest Rates?

PS. Those "7 small countries" you mentioned also happen to have 62% of global net wealth, for better or worse. This was exactly my point. It seems that you subscribe to a limited availability economic philosophy but my optimistic nature does not allow me to do the same. I believe the potential for ...
by megabad
Mon Apr 27, 2020 1:17 pm
Forum: Personal Investments
Topic: Contrary to what many say, margin rates look higher than unsecured personal loan rates. Why?
Replies: 4
Views: 227

Re: Contrary to what many say, margin rates look higher than unsecured personal loan rates. Why?

Agree with prior posters. I am seeing right around 2-4% on the margin side and at least 100 to 200 bips higher for “personal loans”.
by megabad
Mon Apr 27, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: What's Behind the Long-term Decline in Interest Rates?
Replies: 41
Views: 2863

Re: What's Behind the Long-term Decline in Interest Rates?

But with globalization, real interest rates have mostly converged in advanced countries in the last 30 years (chart above). This seems intuitive and does not reinforce your hypothesis that “global” interest rates will be lower in the very long run. 7 small countries is not the world. My hypothesis ...
by megabad
Mon Apr 27, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Will the index funds save us?
Replies: 23
Views: 2507

Re: Will the index funds save us?

Actionably: Maybe we should all call up Vanguard and tell them to get in on that action? Philosophically, I can’t support any significant action.I am a free market proponent and simply want to own the market as defined by others (for the most part). Any significant action by Vanguard or other provi...
by megabad
Mon Apr 27, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7149

Re: How do you explain no COVID19 Stimulus Payment?

“Ah you know, didn’t get near enough to pay for that carnival cruise I was planning on.”
by megabad
Mon Apr 27, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: What's Behind the Long-term Decline in Interest Rates?
Replies: 41
Views: 2863

Re: What's Behind the Long-term Decline in Interest Rates?

I don’t really think interest rates tell us much of anything by themselves. I do think it is a fair question to ask oneself whether or not you see future productivity gains in ones country to be lower than the past over the very long term. To me this is the case for globalization. The thread about “...
by megabad
Mon Apr 27, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6063

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

Productivity has probably dropped because x% of your coworkers are attempting to homeschool children as well as do their jobs. Perhaps but I don’t think that will change the outcome. On the flip side, the company should have seen less commute time and maybe less lunch and break time. I’m not sure w...
by megabad
Mon Apr 27, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6030

Re: Carrying a big long mortgage

Theoretically, Carrying a big long mortgage is not nearly as beneficial as holding a big long mortgage to term. Almost no one does this. Basically this just nullifies all his arguments. And I say that as a supporter of mortgages
by megabad
Mon Apr 27, 2020 11:24 am
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19840

Re: Why am I even saving for retirement?

For those who are questioning the calculator, here is my raw data. If I am doing it wrong please let me know. My age is 34. I get pretty close. Probably a rounding error on my part or maybe the calculator is using slightly off numbers from current year. I got right around 2k on the low end (stop no...
by megabad
Mon Apr 27, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6063

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

Yes. I think it will likely result in much less working from home in our company. Productivity has dropped dramatically and our IT infrastructure cost is soaring. Corporate is already planning on redesigning workspaces to distance people. Money spent on the offices will neccissitate employees work t...
by megabad
Mon Apr 27, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: Real Estate Maybe It Really Is Different This Time?
Replies: 21
Views: 1943

Re: Real Estate Maybe It Really Is Different This Time?

If I sold VGSLX and replaced it with Vanguard Total Market, would I be market timing. Well yes as you have written it is pretty textbook. Doesn’t mean this is the right or wrong move for you now. You need to decide what your outlook and plan is permanently. I would suggest one change in your life t...
by megabad
Mon Apr 27, 2020 10:41 am
Forum: Personal Consumer Issues
Topic: How long to wait for a toll by mail bill?
Replies: 20
Views: 1071

Re: How long to wait for a toll by mail bill?

Yeah I’ve had it take 2 months. Our booths (not Delaware) catch the front and back so they don’t miss it (unless you are breaking the law).
by megabad
Mon Apr 27, 2020 10:37 am
Forum: Personal Consumer Issues
Topic: "certifying" a laptop to be sold
Replies: 56
Views: 2019

Re: "certifying" a laptop to be sold

No need to certify. Easiest way to sell is on eBay and the most important thing there is your rating. If you sell on Craigslist of Facebook marketplace, no one certifies anything and you should certainly expect the usual as is discount. How much is this thing worth anyway? I wouldn’t spend more than...
by megabad
Mon Apr 27, 2020 10:32 am
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19840

Re: Why am I even saving for retirement?

Once you and your family get used to a certain spending level, it's cruel to cut down. “Cruel”? Lol, you must be in my family. I guess everyone is different. I don’t think it would be cruel for most of the folks on this board to cut down. It certainly wouldn’t be cruel for me to cut back, and I alm...
by megabad
Mon Apr 27, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Is a Mortgage Recast Worth It?
Replies: 8
Views: 1020

Re: Is a Mortgage Recast Worth It?

I would need to know the exact terms of both to decide which is better. As stated above, all that matters is when you pay down the principal. In all likelihood, I don’t think there will be much difference either way for you. A recast generally means a big principal chunk up front (Decreasing interes...
by megabad
Mon Apr 27, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: The Bottom Line on Factor Investing
Replies: 290
Views: 12587

Re: The Bottom Line on Factor Investing

Never really had an “aha” moment of support. Just needed a TLH option and since SCV was a fad, I swung slightly toward that tilt on a particular sale. I still hold a pretty good chuck there but it is tiny compared to overall portfolio size. “Aha” moment that went against most factor investing for me...