Search found 611 matches

by johnanglemen
Wed Apr 01, 2020 4:23 pm
Forum: Personal Investments
Topic: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)
Replies: 5
Views: 320

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

NerdWallet's 0.25% discount is only on the first $100,000 of margin loan.
by johnanglemen
Thu Mar 26, 2020 2:42 pm
Forum: Personal Investments
Topic: Nuances of Vanguard's frequent trading policy
Replies: 3
Views: 365

Re: Nuances of Vanguard's frequent trading policy

ResearchMed wrote:
Thu Mar 26, 2020 2:36 pm
If you try to purchase that fund "too early" at Vanguard, the system should not let you complete the transaction.
There will be a warning that you are restricted from buying (perhaps giving the "until" date).

RM
The funds are held at an outside broker.
by johnanglemen
Thu Mar 26, 2020 2:16 pm
Forum: Personal Investments
Topic: Nuances of Vanguard's frequent trading policy
Replies: 3
Views: 365

Nuances of Vanguard's frequent trading policy

If you sell or exchange shares of a Vanguard fund, you will not be permitted to buy or exchange back into the same fund, in the same account, within 30 calendar days. I sell a Vanguard fund on February 26, 2020. Today is March 26, 2020. Including the trade date of the sale, today is the 30th day fr...
by johnanglemen
Thu Mar 19, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I can't see the prices that current rental offerings have actually closed at until weeks from now, after the negotiation is over. Not so easy. I'm confused. There are no rentals being renewed more or less today in your location? That tells you the going rate. It often takes many weeks for closed de...
by johnanglemen
Thu Mar 19, 2020 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

knpstr wrote:
Thu Mar 19, 2020 9:32 am
johnanglemen wrote:
Thu Mar 19, 2020 9:22 am
What is surprising about the above?

I've never said I'd offer 60% of the current rent...I'd offer the best approximation of whatever the landlord could get from a fresh tenant.
Nothing. Good luck.
Thank you :sharebeer
by johnanglemen
Thu Mar 19, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I'm sure this is all very fascinating, but I feel like I'm back in one of my high school debate tournaments. I'd suggest you not approach your negotiation like you have this thread. Good luck! :beer Can you give me specific feedback about what I said? Genuine, heartfelt question. I was just trying ...
by johnanglemen
Thu Mar 19, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

This a much more volatile time in many markets than usual because a pandemic just broke out. The same may (or may not) be true in the rental market as well. In ordinary times, the prices will not vary much over a few weeks, so the staleness matters little. (And to the extent that they do vary, it's...
by johnanglemen
Thu Mar 19, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I can't see the prices that current rental offerings have actually closed at until weeks from now, after the negotiation is over. Not so easy. I'm confused. There are no rentals being renewed more or less today in your location? That tells you the going rate. It often takes many weeks for closed de...
by johnanglemen
Thu Mar 19, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I can't see the prices that current rental offerings have actually closed at until weeks from now, after the negotiation is over. Not so easy. I'm confused. There are no rentals being renewed more or less today in your location? That tells you the going rate. It often takes many weeks for closed de...
by johnanglemen
Thu Mar 19, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I'm sure this is all very fascinating, but I feel like I'm back in one of my high school debate tournaments. I'd suggest you not approach your negotiation like you have this thread. Good luck! :beer Can you give me specific feedback about what I said? Genuine, heartfelt question. I was just trying ...
by johnanglemen
Thu Mar 19, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

Hmm in my mind having a unit come up for vacancy is equivalent to receiving your bonus at work. You could hold onto the bonus in cash until you feel like it's a better time to buy Total Stock, but that would be market timing. Likewise you could hold your vacant unit as "dry powder" for a better mom...
by johnanglemen
Thu Mar 19, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

"I can't see the prices that current rental offerings have actually closed at until weeks from now, after the negotiation is over." - landlords get offers every day on their properties - If your offer is inline with others it could/would be accepted - there is a price where LL's will not go below, ...
by johnanglemen
Thu Mar 19, 2020 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

If rental prices in the area actually jumped by 40% then it would be a fact of life for me whether I like it or not, and I would not be surprised to see him matching the market in a non-rent-controlled unit. Note: I am not saying rental prices have actually moved by such a degree. Just responding t...
by johnanglemen
Thu Mar 19, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

How about this comparison. Rental price is like a dividend a stock pays. Home value is like the stock price. Just because the stock price drops 40% doesn't mean the dividend will. I agree that anything's possible. I'm just trying to figure out what's likely - with an open mind that the answer may w...
by johnanglemen
Thu Mar 19, 2020 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

Thanks for sharing your thoughts. Two questions for you. 1) It seems like your logic is that even if rents did drop briefly in a storm (or vacancies increase), you'd rather ride that out than lower the rent, because you expect the metrics to rebound in the not-too-distant future. But how is that di...
by johnanglemen
Thu Mar 19, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

How about this comparison. Rental price is like a dividend a stock pays. Home value is like the stock price. Just because the stock price drops 40% doesn't mean the dividend will. I agree that anything's possible. I'm just trying to figure out what's likely - with an open mind that the answer may w...
by johnanglemen
Thu Mar 19, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

So, I know for a fact that the owner is extremely wealthy. And bought in cash. For whatever that's worth. What you just wrote here is worth nothing in this discussion. Owner wealth and financing of property is irrelevant to fair market rent. I agree with that. I was directly responding to someone w...
by johnanglemen
Thu Mar 19, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I did read the thread (you seem to be a fan of assumptions). Neither of these has anything to do with the price of rent (as others have said). If you want a discount, agree to a 5-year lease. I'm sure you will get one if you do. Thanks for your contributions, Tiny :D To be honest, I have no idea wh...
by johnanglemen
Thu Mar 19, 2020 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

Speaking as a former owner-landlord of several single family homes (with no mortgages), if a tenant came to me seeking a substantial rate reduction at renewal along with their research and work so that I would understand the data and their request to only pay what they have calculated to be the "fa...
by johnanglemen
Thu Mar 19, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

It is likely your rent (fair market price) will actually go up, not down. Few things - landlords are not suddenly getting 40% discount on the property taxes. all of the taxing authorities who will be even more starved for money now vs previously are not running out to lower property taxes for comme...
by johnanglemen
Thu Mar 19, 2020 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

For leading indicators, look for comparable properties for rent and compare rental asks. If her ask is way above comparable properties, then maybe you have room to negotiate. If she is in line with other places, then that is fair value, and you should be happy with that if your objective is to get ...
by johnanglemen
Thu Mar 19, 2020 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

How about this comparison. Rental price is like a dividend a stock pays. Home value is like the stock price. Just because the stock price drops 40% doesn't mean the dividend will. I agree that anything's possible. I'm just trying to figure out what's likely - with an open mind that the answer may w...
by johnanglemen
Thu Mar 19, 2020 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

Speaking as a former owner-landlord of several single family homes (with no mortgages), if a tenant came to me seeking a substantial rate reduction at renewal along with their research and work so that I would understand the data and their request to only pay what they have calculated to be the "fa...
by johnanglemen
Thu Mar 19, 2020 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I agree in general and as mentioned I'm not trying to be a hog, simply a realist. If real estate prices are really down 40% (not saying they are) then that's what I'd want to offer. If they're down 20%, then that's what I want to offer. It feels abrupt but that's the reality of markets... nobody as...
by johnanglemen
Thu Mar 19, 2020 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I will be negotiating a new lease soon (as a tenant) for a high-end apartment in a usually torrid real estate market. I'd like to hear people's thoughts on how to go about this. To what extent should I expect recent stock market gyrations to translate to residential rentals, particularly in the lux...
by johnanglemen
Thu Mar 19, 2020 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

You keep saying fair price but then throw in real estate prices and her price of buying the real estate, which is absolutely not the same thing as the rental market and the going rate for rent for comparable properties. What her real estate is worth to sell to another real estate buyer is not the s...
by johnanglemen
Thu Mar 19, 2020 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

If real estate prices are really down 40% (not saying they are) then that's what I'd want to offer. If they're down 20%, then that's what I want to offer. It feels abrupt but that's the reality of markets... nobody asked me if I wanted Total Stock Index companies to be worth much less overnight! Ye...
by johnanglemen
Thu Mar 19, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

you assume your landlord will care. It depends on how much they have cash to weather this coronavirus out. If they can wait til someone shows up that will pay more than you, they will not give you a discount, prepare to walk away. They do have the cash but I'm not sure I follow the logic here. My g...
by johnanglemen
Thu Mar 19, 2020 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

That likely does make a difference in your ability to negotiate. But an offer of just 60% of the current rent may not be productive. Down south we have an old adage...pigs get fed, hogs get slaughtered. :wink: If you have a good relationship with her, perhaps a conversation along the lines of "I re...
by johnanglemen
Thu Mar 19, 2020 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

You mention "fair value" but opened the question with the hypothetical of a 40% discount. Given that this is an individual owner who may have a mortgage due, there is no way you get a discount anything close to that. So, I know for a fact that the owner is extremely wealthy. And bought in cash. For...
by johnanglemen
Thu Mar 19, 2020 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

you assume your landlord will care. It depends on how much they have cash to weather this coronavirus out. If they can wait til someone shows up that will pay more than you, they will not give you a discount, prepare to walk away. They do have the cash but I'm not sure I follow the logic here. My g...
by johnanglemen
Thu Mar 19, 2020 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

you assume your landlord will care. It depends on how much they have cash to weather this coronavirus out. If they can wait til someone shows up that will pay more than you, they will not give you a discount, prepare to walk away. They do have the cash but I'm not sure I follow the logic here. My g...
by johnanglemen
Thu Mar 19, 2020 4:56 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Re: Rent in the Time of Coronavirus

I would negotiate it how you normally would. Try to get the best deal possible. There are probably others out there just like you that will also be making bids. Remember, there are a lot of folks who are not invested in the market that may pay a little more. If you really like the place, offer favo...
by johnanglemen
Thu Mar 19, 2020 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 2926

Rent in the Time of Coronavirus

I will be negotiating a new lease soon (as a tenant) for a high-end apartment in a usually torrid real estate market. I'd like to hear people's thoughts on how to go about this. To what extent should I expect recent stock market gyrations to translate to residential rentals, particularly in the luxu...
by johnanglemen
Wed Mar 18, 2020 12:28 pm
Forum: Personal Investments
Topic: March dividends?
Replies: 1
Views: 236

March dividends?

Anyone know where I can find March dividend dates? This page says I can find the information "below", but there's nothing listed... https://investornews.vanguard/upcoming- ... formation/
by johnanglemen
Thu Mar 12, 2020 2:04 pm
Forum: Personal Investments
Topic: Acceptable TLH partner for both VTIAX *and* FTIHX?
Replies: 9
Views: 252

Re: Acceptable TLH partner for both VTIAX *and* FTIHX?

Thank you! Is IXUS functionally equivalent? The reason for my preferences is that it's hard for me to tell if the downsides of an ETF (premium/discount) or a mutual fund (lack of small caps) outweigh the savings of tax loss harvesting. Any thoughts on that? Yes, IXUS is the best-fit alternative to ...
by johnanglemen
Thu Mar 12, 2020 10:42 am
Forum: Personal Investments
Topic: Acceptable TLH partner for both VTIAX *and* FTIHX?
Replies: 9
Views: 252

Re: Acceptable TLH partner for both VTIAX *and* FTIHX?

What about FSGGX, Fidelity® Global ex U.S. Index Fund? The only thing this fund lacks over FTIHX is international small-cap. That part of the international stocks, by market cap, is less than 5% of the international stocks, and in turn less than 2% of the world stocks by market-cap. You won't reall...
by johnanglemen
Thu Mar 12, 2020 10:42 am
Forum: Personal Investments
Topic: Acceptable TLH partner for both VTIAX *and* FTIHX?
Replies: 9
Views: 252

Re: Acceptable TLH partner for both VTIAX *and* FTIHX?

If you're comfortable using ETFs, IXUS is iShares Total International fund. If not, you should get comfortable with a fund that's missing something. I would opt for VFWAX (Total International minus small caps), then VTMGX (Total International minus emerging markets). Thank you! Is IXUS functionally...
by johnanglemen
Thu Mar 12, 2020 10:19 am
Forum: Personal Investments
Topic: Acceptable TLH partner for both VTIAX *and* FTIHX?
Replies: 9
Views: 252

Acceptable TLH partner for both VTIAX *and* FTIHX?

I tax-loss harvested a substantial amount of Vanguard Total International (VTIAX) about two weeks ago. I went into Fidelity Total International (FTIHX). Now I'd like to TLH again, because I have substantial losses in the new fund. Can anyone recommend the best new TLH partner given the following pre...
by johnanglemen
Wed Feb 26, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total International mutual fund vs ETF
Replies: 2
Views: 344

Vanguard Total International mutual fund vs ETF

As best I can tell, Vanguard Total International mutual fund (VTIAX) went up 0.90% today, while the ETF equivalent (VXUS) only went up 0.19%. Is it typical for the ETF to trade at that heavy of a discount? Or is the dislocation greater at times of high market volatility? I don't recall ever seeing s...
by johnanglemen
Tue Feb 11, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 958

Re: Missed Q4 estimated tax deadline?

But what is your take on how, if at all, an extension payment factors into that worksheet? My take is that an extension payment is a payment. Each payment and its date are used by the worksheet to calculate the penalty. Sort of. The instructions say that for a "balance due" payment you should use t...
by johnanglemen
Tue Feb 11, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 958

Re: Missed Q4 estimated tax deadline?

Am I just to assume that I can also include extension payments in this line, and that the date is the date I made the payment? Any payments made after the deadline of the estimated payment for the fourth quarter are not entered on Form 2210. Those payments affect the penalty on line 27 of Form 2210...
by johnanglemen
Tue Feb 11, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 958

Re: Missed Q4 estimated tax deadline?

Nobody here actually answered the question I was asking, so I guess I was unclear. I can still make a credit card tax payment categorized as an "extension payment" for 2019, which * seems * like it would be fine. Am I just to assume that I can also include extension payments in this line, and that ...
by johnanglemen
Tue Feb 11, 2020 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 958

Re: Missed Q4 estimated tax deadline?

Nobody here actually answered the question I was asking, so I guess I was unclear. I didn't merely miss the Q4 estimated tax deadline (i.e. 1/15). I understand that that's no big deal and that the interest/penalty stops accruing the day I pay. Instead, for the first time, I apparently have ALSO miss...
by johnanglemen
Tue Feb 11, 2020 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 958

Missed Q4 estimated tax deadline?

I pay my estimated taxes via credit card. I'm late this year in paying my Q4 estimate for 2019. I just went to my standard payment site, pay1040.com, and discovered to my surprise that the deadline for making a Q4 estimated tax payment has already passed. I had no idea there was such a deadline. It ...
by johnanglemen
Thu Jan 23, 2020 12:32 pm
Forum: Personal Investments
Topic: Vanguard fund -> ETF conversion outside Vanguard?
Replies: 5
Views: 464

Re: Vanguard fund -> ETF conversion outside Vanguard?

I doubt it's possible, frankly. This is a non standard process, and would likely require manual work. Even when done at VG, there used to be occasional glitches in conversion. Move to VG via ACATS, convert and move back via ACATS. ADDED: Etrade is one of the few firms that offers several VG Admiral...
by johnanglemen
Thu Jan 23, 2020 11:55 am
Forum: Personal Investments
Topic: Vanguard fund -> ETF conversion outside Vanguard?
Replies: 5
Views: 464

Vanguard fund -> ETF conversion outside Vanguard?

Has anyone ever found a brokerage firm that can work with Vanguard to convert mutual funds to ETFs? Is that even possible to achieve anywhere outside of custodying the funds at Vanguard itself?
by johnanglemen
Tue Jan 21, 2020 8:18 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 50
Views: 7955

Re: advice on retirement portfolio for a $20m windfall

I will have about $10m left in bank/brokerage accounts that I control directly, and $9m will be in a NING trust that has been very carefully constructed by the top NING law firm in NV. Can you share the name of this firm? I am also in California and looked into establishing a NING trust, but the fi...
by johnanglemen
Sat Jan 18, 2020 11:53 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 50
Views: 7955

Re: advice on retirement portfolio for a $20m windfall

I will have about $10m left in bank/brokerage accounts that I control directly, and $9m will be in a NING trust that has been very carefully constructed by the top NING law firm in NV. Can you share the name of this firm? I am also in California and looked into establishing a NING trust, but the fi...