Search found 149 matches

by FishTaco
Fri Nov 20, 2020 7:16 pm
Forum: Personal Consumer Issues
Topic: Recliner chair
Replies: 14
Views: 1186

Re: Recliner chair

I bought this chair:

https://www.walmart.com/ip/seort/374597521

Black Friday a year ago for 149 and it has been an excellent purchase for me. Can't comment on long term durability but its been one of my favorite things the last year.
by FishTaco
Fri Nov 20, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Can't get something done right?
Replies: 4
Views: 763

Re: Can't get something done right?

Yeah, early 40s, physician, still change my own oil for this reason.

The trick is to lower your expectations and expect outcomes like this. Still frustrating, but at least not surprising.
by FishTaco
Mon Nov 16, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: Limit on the investment in brokerage firms
Replies: 10
Views: 709

Re: Limit on the investment in brokerage firms

Some brokerages insure their accounts above SIPC coverage. e.g. Interactive brokers insures their accounts up to 30 million above SIPC coverage with Lloyds of London. Will depend on the individual brokerage.

https://www.interactivebrokers.com/en/i ... cc&conf=am
by FishTaco
Mon Nov 16, 2020 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Sell house or keep as rental?
Replies: 22
Views: 1838

Re: Sell house or keep as rental?

Sell unless that little part of your brain lights up in that special way from being a landlord - mine doesn't.
by FishTaco
Sun Aug 30, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: replacement car key and fob
Replies: 23
Views: 1584

Re: replacement car key and fob

I used Ace Hardware to make a copy of a key for a 2012 Honda Odyssey. I purchased the blank on ebay for about 20 bucks. Cutting the key was 15 and reprogramming the remote was about 60 bucks. Take all of your keys and remotes with you to Ace Hardware as they might need to add them back as it is repr...
by FishTaco
Sun Aug 30, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: Brother printer 'trips' my battery backups
Replies: 47
Views: 2634

Re: Brother printer 'trips' my battery backups

Check to see if the 4 outlets are on the same circuit breaker. If they are on different breakers, put the UPS and printer on seperate breakers.
by FishTaco
Sat Aug 29, 2020 6:53 pm
Forum: Personal Investments
Topic: What to do with unused emergency fund?
Replies: 39
Views: 3426

Re: What to do with unused emergency fund?

Start rolling it into I-bonds. The value will be stable. Plus, it'll take a long time for you to roll the whole amount considering the yearly 10k cap and the need to keep some of it liquid. Mostly, it'll give you something to do so you won't fuss with your emergency fund.
by FishTaco
Thu Aug 20, 2020 6:02 pm
Forum: Personal Investments
Topic: Please review my de-risking/cash-out plan
Replies: 111
Views: 5545

Re: Please review my de-risking/cash-out plan

FishTaco, <<Sounds like a lot of monitoring of portfolio. You might consider going to 55/45 or 50/50 and keeping larger rebalancing bands.>> Not necessary. It is simpler. I just need to monitor my portfolio size and whether it crosses the next threshold. For example, 1560, 1590, and so on. KlangFoo...
by FishTaco
Thu Aug 20, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: 30YO Biglaw Associate- Advice Welcome!!
Replies: 49
Views: 5798

Re: 30YO Biglaw Associate- Advice Welcome!!

geerhardusvos wrote: Wed Aug 19, 2020 6:41 pm
Yup. Keep renting, and investing aggressively.
This.

Homeownership is considerably overrated IMO.
by FishTaco
Thu Aug 20, 2020 4:47 pm
Forum: Personal Investments
Topic: Please review my de-risking/cash-out plan
Replies: 111
Views: 5545

Re: Please review my de-risking/cash-out plan

It's fine. 1500k portfolio at 60/40 rising 60k to 1560 amounts to a 6.7% rise in the equity portion. At that point, equity portion is 960k which gives you an AA of 61.5/38.5 Then, you propose rebalancing to maintain 930k of equity which would then be an AA of 59.6/40.4 You are essentially creating a...
by FishTaco
Wed Aug 19, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: Question about Boglehead’s Guide to Drawdown Strategy
Replies: 11
Views: 1130

Re: Question about Boglehead’s Guide to Drawdown Strategy

I haven't spent alot of time on the site, but I think this is a calculator that attempts to do what you describe:

https://www.i-orp.com/Inflate/index.html

I do not believe it takes the ACA subsidy into account, which would be a drawback for early retirees.
by FishTaco
Wed Aug 19, 2020 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Should I get a mortgage if I don't need one?
Replies: 26
Views: 3201

Re: Should I get a mortgage if I don't need one?

Don't over think it. Sell those bonds (and some stocks too if required) and buy the house without a mortgage. Why even deal with pesky mortgage bankers and all that paperwork when you don't have to? +1 In addition, your home is often a protected asset. Texas, for example, allows an almost unlimited...
by FishTaco
Sun Aug 16, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12310

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Just for arguments sake, what purpose do near zero percent bonds play in a 60/40 portfolio? How does one get 7%-8% return if 40% is zero? Source of funds for rebalancing. Ability to draw for living expenses during down market times. Not sure I'd hold zero percent bonds when cash yields the same wit...
by FishTaco
Sun Aug 16, 2020 8:26 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12310

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Maybe there is an economy of scale for larger portfolios that is improved for fund managers vs the individual investor, but I have trouble believing that the 4.9% premium of a 100/0 portfolio over a 60/40 wouldn't be totally consumed by long term purchasing of put options to hedge against equity tai...
by FishTaco
Sat Aug 15, 2020 6:48 am
Forum: Investing - Theory, News & General
Topic: Matching Bond Duration to Retirement Timeline Question
Replies: 125
Views: 6432

Re: Matching Bond Duration to Retirement Timeline Question

I've read before that over longer periods of time, rolling purchases of a 5-year bond will approximate the return on rolling 30-year bond purchases. I'm not sure what my source of this was but a quick google came up with this link: https://www.pimco.com/handlers/displaydocument.ashx?wd=Insight&i...
by FishTaco
Sat Aug 15, 2020 4:54 am
Forum: Personal Finance (Not Investing)
Topic: If I use paypal to make a donation does paypal give out info about me to the group I am donating to?
Replies: 7
Views: 907

Re: If I use paypal to make a donation does paypal give out info about me to the group I am donating to?

If you are looking for a way to donate without sharing your info, you can check out Network for Good. Of course, the group would have to be on there, but they will not release your info. They collect a small fee in order to do this.
by FishTaco
Sat Aug 15, 2020 4:44 am
Forum: Personal Investments
Topic: Just pulled the trigger ...
Replies: 76
Views: 11307

Re: Just pulled the trigger ...

I'd like to commend the OP for coming back and continuing to post in this thread.

So many similar threads are ghosted by their authors, but this is one of the few that has not been.

OP, good luck to you in your job search, health, and future.
by FishTaco
Mon Aug 10, 2020 10:34 am
Forum: Personal Investments
Topic: TLH Sale Of Rental Property Against Stock Gains
Replies: 16
Views: 585

Re: TLH Sale Of Rental Property Against Stock Gains

I recently looked this up as I am in the process of selling a house converted to rental. From what I recall, the cost-basis for computing a loss is the lesser of original cost basis at purchase vs fair market value at time of conversion. https://www.bradyware.com/home-to-rental-conversion-tax-rules/
by FishTaco
Mon Aug 10, 2020 9:45 am
Forum: Personal Consumer Issues
Topic: Autotrader bait and switch
Replies: 39
Views: 4264

Re: Autotrader bait and switch

Something similar happened to me with CarGurus. I would even call and make sure the car was on the lot and when I would arrive, they would say it sold last Sunday (it was always Sunday). Once, I even called to make sure the car was on the lot and then I just bought it with the online checkout option...
by FishTaco
Sun Aug 09, 2020 11:28 pm
Forum: Personal Investments
Topic: Cash Injection into 3 Fund Portfolio
Replies: 20
Views: 1728

Re: Cash Injection into 3 Fund Portfolio

IMO more time should be spent deciding an appropriate AA for yourself and less time spent whether DCA or lump sum.

When you have the right AA, there is an ease that settles over you regarding the markets and your net worth and all that. I never knew that until I found an appropriate AA for myself.
by FishTaco
Sun Aug 09, 2020 11:25 pm
Forum: Personal Consumer Issues
Topic: tips for frozen food during power outage
Replies: 37
Views: 2643

Re: tips for frozen food during power outage

Starfish wrote: Sun Aug 09, 2020 9:14 pm Cubes of iron/steel actually work better because they are denser than ice.
I'm not sure this is correct since the specific heat of water is higher than most other substances. In addition, if you are going from solid ice to liquid water, there is the latent heat in addition to specific heat.
by FishTaco
Sun Aug 09, 2020 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Rentals for retirement income. Worth it?
Replies: 61
Views: 5588

Re: Buying Rentals for retirement income. Worth it?

I'm not clear: I own VNQ, as well as about to buy a few other beaten down REIT's. Are you saying $50k in VNQ vs. $50k down payment on a $300k property will yield similar returns in 10 years? When you invest the $50k I'm getting 6% return on the $300k rental. When you buy $50k of VNQ you are getting...
by FishTaco
Sun Aug 09, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: Looking for gas can that is easy fill / easy pour
Replies: 43
Views: 2742

Re: Looking for gas can that is easy fill / easy pour

I never knew there were newer EPA compliant designs, thanks for the head's up on this. Googling and reading what people say (or complain) about these EPA compliant cans, with gas leaking all over, it sounds like the new designs are probably emitting more vapor than what the intent was, maybe leavin...
by FishTaco
Sun Aug 09, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Buying Rentals for retirement income. Worth it?
Replies: 61
Views: 5588

Re: Buying Rentals for retirement income. Worth it?

I've had 1 SFH rental for 6 years with a great tenant and very few unexpected expenses. I can't wait to get out of the landlord business. The money can be good but not worth the hassle in my experience - and there wasn't even much hassle from my rental. It just depends how well you can tolerate all ...
by FishTaco
Sun Aug 09, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: Looking for gas can that is easy fill / easy pour
Replies: 43
Views: 2742

Re: Looking for gas can that is easy fill / easy pour

Kenkat wrote: Sun Aug 09, 2020 9:30 am The can is usually not where the issue lies in my experience; it’s the nozzle / spout.

I have a basic 2.5 gallon plastic gas container and an EZ-Pour nozzle. Google “ EZ-POUR Replacement Spout” to see what is available.
+1

Swapping to the EZ pour pretty much changed my gas powered life.
by FishTaco
Sat Aug 08, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Got myself in a jam at credit card
Replies: 18
Views: 2061

Re: Got myself in a jam at credit card

I've had this happen to me through ebay. It wasn't an expensive item so I was out 5 bucks or so but I learned a valuable lesson. I ordered an item that was missing a few bolts. I emailed the merchant and they sent me 2 bolts of the incorrect size with nuts that did not match. At some point I initiat...
by FishTaco
Mon Aug 03, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Where do I start? need a money makeover...
Replies: 31
Views: 3384

Re: Where do I start? need a money makeover...

I agree with some of the other posters here re: -Getting on the same page as your SO. -Sell the rentals. -Start budgeting appropriately and get an idea where your money goes. One avenue to explore is to increase your savings in the pretax space by using your 1099 income to create SEP Ira or solo 401...
by FishTaco
Thu Jul 30, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative to Mortgage if $$ amount is "small"
Replies: 19
Views: 934

Re: Alternative to Mortgage if $$ amount is "small"

+1 for CC with 0% promo rate.

Another option is a small margin loan if you hold securities at a place with reasonable margin rates such as Interactive Brokers. I personally think this would be a reasonable use for EF monies, although others may disagree.
by FishTaco
Wed Jul 29, 2020 6:17 am
Forum: Investing - Theory, News & General
Topic: Bernstein's concept of "overbalancing"
Replies: 30
Views: 3264

Re: Bernstein's concept of "overbalancing"

This year was my first attempt at systematic overbalancing. It provided about a 5% boost to my portfolio outside additional contributions. I overbalanced at approx SP 3000, 2700, and 2400 by moving about 5% of portfolio from bonds to equity at each point. Towards the end, I bought a small amount of ...
by FishTaco
Tue Jul 21, 2020 9:36 am
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5214

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

Another vote for minivan with overnight driving. If not the whole night, you could at least drive a big chunk of it either early or late depending on your preference. I did this recently and it was way better than 12 hrs in a car with a 3 and 4 year old. We learned that you have to block out the pas...
by FishTaco
Tue Jul 21, 2020 7:49 am
Forum: Personal Finance (Not Investing)
Topic: $359k in med school debt; advice for family member
Replies: 101
Views: 7210

Re: $359k in med school debt; advice for family member

Is your family member W2 or 1099 for his new position? If 1099, a whole world of retirement options become available to the motivated. If it was me, I would try to withhold as much as possible in order to drop my AGI. That is also a lifestyle decision that they may not be interested in. It would be ...
by FishTaco
Mon Jul 20, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I raid my kids college fund to buy a new computer?
Replies: 29
Views: 2794

Re: Should I raid my kids college fund to buy a new computer?

Dear Sir, This is the bogleheads forum. I believe you may have migrated here by mistake. We have a few core beliefs here that I will share: 1. - No one should spend $800 for a computer. A $200 chromebook formatted to run a version of Windows 95 that you have in the closet will be sufficient. 2. - Ki...
by FishTaco
Mon Jul 20, 2020 8:01 am
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 19153

Re: [Average return for 100/0, 70/30 asset allocation]

Not trying to stir the hornet's nest here, but I don't think the ERE table posted above was derived by taking into account a portfolio that rebalances when its bands are hit. I read a bit about the table on https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-...
by FishTaco
Sun Jul 19, 2020 4:20 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 19153

Re: Until What Age Would You Recommend 0% Bond Allocation?

You have the numbers. So, let's see what happened. 100/0 -> 1,796,418 -> 50% loss -> 898,209 70/30 -> 1,624,555 -> 35% loss -> 812,278 This is after the maximum 24 years of no withdrawal from the portfolio. This is very lucky person. So, 100/0 comes ahead. Unless I misunderstood what you were tryin...
by FishTaco
Wed Jul 15, 2020 6:16 am
Forum: Personal Consumer Issues
Topic: Is my refrigerator running.......properly?
Replies: 14
Views: 1641

Re: Is my refrigerator running.......properly?

Another thing to do is to open the freezer and look around to see if you have any frost building up. It would probably be concentrated around the evaporator coil. If so, you might have a problem with your defrost cycle. Alot of times that will just be a bad defrost thermostat, but could also be the ...
by FishTaco
Fri Jul 10, 2020 6:17 pm
Forum: Personal Consumer Issues
Topic: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.
Replies: 72
Views: 5055

Re: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.

No, you don't tip a professional.

I would find it demeaning to my work and training, but that's just me.

A small gift is fine - coffee, popcorn, chocolate (all 3 sound bad given her profession) - maybe even a gift card at the holidays.
by FishTaco
Fri Jul 10, 2020 7:36 am
Forum: Personal Consumer Issues
Topic: Are basic minivans/suv "luxury" cars?
Replies: 77
Views: 4224

Re: are basic minivans/suv "luxury" cars?

Minivans can depreciate pretty fast. Buy a couple years out, maybe a CPO, and they become very reasonably priced. Both Toyotas and the later gen Hondas seem to be pretty solid.
by FishTaco
Wed Jul 08, 2020 6:03 pm
Forum: Personal Investments
Topic: Fidelity investments vs TIAA?
Replies: 2
Views: 323

Re: Fidelity investments vs TIAA?

Your plan with TIAA may have available the TIAA traditional annuity. I do not think Fidelity has a similar product. The return on the trad product will depend on the agreement your organization has with TIAA (as far as I know) and currently will range anywhere between 1-3.5% with principal protectio...
by FishTaco
Wed Jul 08, 2020 5:29 pm
Forum: Personal Investments
Topic: Verifying Gold Coins are not counterfeit
Replies: 25
Views: 1615

Re: Verifying Gold Coins are not counterfeit

Apmex is one of the sites I would be least concerned about. Particularly with coins from countries such as the USA or Canada.
by FishTaco
Sat Jul 04, 2020 12:26 pm
Forum: Investing - Theory, News & General
Topic: Gold $1600 Oz - When?
Replies: 370
Views: 26238

Re: Gold $1600 Oz - When?

Could I do this at the dealer as well? What’s the pre-rewards card price on eBay? Edit: found the coins on eBay, very competitive for sure. It would depend on if your dealer takes CC. With the BOA Cash rewards card and preferred rewards, you get over 5% cashback up to 2500/quarter on online purchas...
by FishTaco
Sat Jul 04, 2020 7:30 am
Forum: Investing - Theory, News & General
Topic: Gold $1600 Oz - When?
Replies: 370
Views: 26238

Re: Gold $1600 Oz - When?

What spread were you guys paying a couple of years ago for a gold eagle/buffalo over the spot price? I've never paid attention before. In the USA it seems to be about 5% now and in the UK 10%. I can't see a good way to shift money out of gold ETFs without getting killed on the spread. Obviously it ...
by FishTaco
Tue Jun 30, 2020 4:21 pm
Forum: Personal Investments
Topic: $250,000 Debt, High-Income Potential, beginner starting from ZERO
Replies: 58
Views: 8240

Re: $250,000 Debt, High-Income Potential, beginner starting from ZERO

OP- if I were in your shoes, I'd spend a good amount of time learning the ins and outs of PSLF and do a little modelling as to what your income will be like over the next decade whether you choose to go PSLF or not. With your crazy low expenses, you could contribute both to IRA and 403b and get into...
by FishTaco
Sun Jun 28, 2020 11:39 pm
Forum: Personal Consumer Issues
Topic: Heat pump/ac using 4 kWh - how do I fix this?
Replies: 50
Views: 2036

Re: Heat pump/ac using 4 kWh - how do I fix this?

If you're in a deregulated power market, you should see if the teaser rate you received when you signed up for power has expired. 2131 kWh where I am in Texas will run a little over 200/month. I have a few bills like that every summer. If the bill seems higher than last year, you should also account...
by FishTaco
Fri Jun 26, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take Fed direct unsubsidized loans expressly to have them repaid by company?
Replies: 15
Views: 833

Re: Should I take Fed direct unsubsidized loans expressly to have them repaid by company?

I would probably go for it. If you want to be cautious, just put the money in a CD or savings account and cash flow the interest payments. That way, if your position at the company is compromised, you can just pay off the loan and be out only the interest.
by FishTaco
Thu Jun 25, 2020 4:09 am
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 105
Views: 8115

Re: Question - Reloc to TX

My advice is to rent. I've owned 2 houses in TX and between property taxes and real estate commission to sell, you've got a lot of ground to recover if you want to make any money on your house. 5 years is usually the break even time period and unless you really want a house, you'll be happy at the e...
by FishTaco
Wed Jun 24, 2020 6:06 pm
Forum: Personal Investments
Topic: TIAA Trad Still A Good Investment?
Replies: 29
Views: 1954

Re: TIAA Trad Still A Good Investment?

Yes, Still a good investment, but may not be exactly what you need depending on how your portfolio is structured. Bond yields are way lower than 3%, but as the TIAA trad is not liquid, having some bonds could be helpful for rebalencing. Depending on your account, some of the TIAA trad is liquid and...
by FishTaco
Mon Jun 22, 2020 5:46 pm
Forum: Investing - Theory, News & General
Topic: GMO: EM Value returns will exceed US large cap, 15% for 7 consecutive years
Replies: 20
Views: 1684

Re: GMO: EM Value returns will exceed US large cap, 15% for 7 consecutive years

Anyone know a good EM Value ETF? I'm intrigued by this enough that I may switch to that if I ever TLH out of VXUS.