Search found 104 matches

by usnaron
Wed Jul 04, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4409

Re: Can I finance a new home abroad (Carribean)???

In April you told us you had $700k sitting in a bank account. No need to borrow money, then. I am not comfortable purchasing a home cash and much less in another country. Got too little ones at home a large amount of my liquidity to that amount of risk I don’t think is a smart decision. You think y...
by usnaron
Sun Jun 03, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 52483

Re: How much money do you want to retire?

Have to include federal pension of 50k per year starting at age 44. Retire at 44 with an additional 1.8 Mil on top of pension.
by usnaron
Mon May 28, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 13869

Re: Renting vs Owning Your Home

For the vast majority of households in the US, their home is their most valuable asset by far. What does that tell you? What it doesn't tell you is that there are tens or scores of millions of households with large (mid to high-six figure) portfolios that they accumulated by renting, saving the dif...
by usnaron
Mon May 28, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 13869

Re: Renting vs Owning Your Home

I’ve been renting a 1500 sqft, two story townhouse in a very HCOL area in SoCal for the past 7 years. Similar ones are selling for 700-750k with 750/month HOA and 1.25% property tax. My rent is $2400 (was $2250 7 years ago). Appreciation has been negligible over the past 7 years. My monthly rent is ...
by usnaron
Thu May 17, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Urgent: escrow situation in bay area
Replies: 50
Views: 3148

Re: Urgent: escrow situation in bay area

Read this short article and let me know what you think. Mortgages in the Bay Area are way out of line when compared to equivalent rents. Prices could continue to go higher but I believe it is only based on the belief that people can sell it for more later, kind of like bitcoin. https://www.gocurrycr...
by usnaron
Fri May 11, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: move out of bonds into money market and online savings
Replies: 19
Views: 2829

Re: move out of bonds into money market and online savings

In a TSP plan , people seem to love the G fund which is like a money market fund and many seem to prefer this over the bond fund . I was thinking the same principles apply to what I am planing to do . Agree? G fund has a larger expected value than f fund because it is taxpayer subsidized. It has an...
by usnaron
Sun Apr 29, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: AF pilots and retention bonus, glad you stayed or happy you went?
Replies: 27
Views: 3887

Re: AF pilots and retention bonus, glad you stayed or happy you went?

A 20 year O5 retirement is worth about the same as a $1.25 mil annuity with no inflation increases. When you consider the fact that it is indexed to inflation and the cheap healthcare that comes with retirement, the package is definitely worth over 1.5 mil. Pretty hard to pass that up for another 10...
by usnaron
Sun Apr 29, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Would you make this financial decision??
Replies: 18
Views: 1763

Re: Would you make this financial decision??

If your comfortable in the $1350 per month place, I’d stay there for sure and invest the extra money that’s not going towards the big mortgage, maintenance, insurance, and heating/cooling of a big house. My favorite “don’t buy a house article” is this one .... https://www.gocurrycracker.com/how-i-ma...
by usnaron
Fri Apr 27, 2018 12:16 am
Forum: Personal Consumer Issues
Topic: Extended Warranty for Honda Odyssey - worth it?
Replies: 23
Views: 3041

Re: Extended Warranty for Honda Odyssey - worth it?

You can buy a Honda care warranty at cost from saccucci Honda in Newport, RI over the phone at cost. They sell so many warranties that they get kickbacks from Honda. Big dealers sued them because they were taking so many warranty customers, all that changed after the suit is that you can’t buy over ...
by usnaron
Tue Apr 24, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31243

Re: How old are you and how much do you save for retirement a year

36 and save about 60k per year, family of 4 spending 80k per year in HCOL area in SoCal. Very low taxes and free healthcare due to military job.
by usnaron
Sat Apr 07, 2018 1:17 am
Forum: Investing - Theory, News & General
Topic: Bill Bernstein, new podcast
Replies: 56
Views: 6626

Re: Bill Bernstein, new podcast

It’s actually #1 on that link you posted.... Zvi Bodie says stocks get riskier with time, not less risky. With a PhD in Economics from MIT, i'm going to trust he's not mistaken. MIT is not a top school in economics. According this list https://www.topuniversities.com/university-rankings-articles/uni...
by usnaron
Mon Aug 07, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 11876

Re: When does renting make sense

Use the New York Times rent vs own calculator, pretty good estimate if you use reasonable investment gain projections and housing appreciation projections.
by usnaron
Thu Jul 27, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 27217

Re: Living Off Dividends

The "living off dividends" idea just makes me bang my head off a brick wall. I have a well diversified P2P loan portfolio (asset backed loans only), that pays around 12% - 13% annually, in monthly installments. I have not had any losses in 3 years. If you were obsessed with living off dividends rel...
by usnaron
Thu Jul 27, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 5583

Re: Why are they beating S/P? What am I missing?

My family has been reviewing my MILs investments as she is unable to do it herself. MILs spouse (passed away long time ago) put her with this wealth management group in Minnesota in 1998. Basically a large roll over IRA, so when the group sells something, there is no capital gains other than some s...
by usnaron
Thu Jul 13, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: EE bonds for kids
Replies: 1
Views: 297

EE bonds for kids

I know that there is a $10k limit per year per social security number when purchasing EE bonds - does that mean I can buy $40k per year (me, wife, 2 kids)? Or does it only apply to people that are working?
by usnaron
Thu Jun 15, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buying cost vs renting (specifically for me)... can anyone fact check this?
Replies: 36
Views: 3077

Re: Buying cost vs renting (specifically for me)... can anyone fact check this?

“Hey I’ve got an idea. We’re always talking about good investments. What if we came up with the worst possible investment we can construct? What might that look like?” Well, let’s see now (pulling out our lined yellow pad), let’s make a list. To be really terrible: •It should be not just an initial,...
by usnaron
Thu Jun 15, 2017 4:02 pm
Forum: Personal Consumer Issues
Topic: Highlander vs. Pilot
Replies: 30
Views: 6567

Re: Highlander vs. Pilot

don't buy a Honda with variable cylinder management (VCM), like the Pilot has, until you research the issues with it and the class action VCM suit that Honda lost.
by usnaron
Wed May 10, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Live off dividends or sell securities during retirement?
Replies: 9
Views: 1785

Re: Live off dividends or sell securities during retirement?

dividends were nice back in the day when transaction costs were high and there was no such thing as a discount broker. now, they are just a tax inefficient drag on your taxable portfolio, which is why high dividend investments should be kept in your tax advantaged account. the media makes it sound l...
by usnaron
Tue Mar 21, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Loan for First Time Homebuyer
Replies: 32
Views: 2102

Re: TSP Loan for First Time Homebuyer

I grew up in Alexandria, VA and am wondering if things have changed since I left....do you know of any good public schools in DC? As others have said, I would strongly consider waiting a few more years until you know where you want to buy. Once you have kids, your home location and size preferences ...
by usnaron
Thu Mar 09, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Any Car experts - Honda Odyssey question
Replies: 22
Views: 3802

Re: Any Car experts - Honda Odyssey question

With the Honda Odyssey, I strongly recommend buying a VCMuzzler, which essentially prevents the car from deactivating cylinders. Variable Cylinder Management (VCM) technology has caused many Hondas (GM's too) to leak oil through warped piston rings which cause fouled spark plugs and many other engin...
by usnaron
Tue Feb 21, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 210109

Re: Share your net worth progression

-Became a Naval Officer in 2005 with very little in savings -Started saving and investing about 1k per month with an after tax income of $3400 per month (saved probably 90% of income while on deployment tax free) -Met my future wife, also a Naval Officer, in 2006 and got her into saving and investi...
by usnaron
Thu Feb 16, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 210109

Re: Share your net worth progression

Thanks...Expecting ~4k per month pension that will start at 44 years old. This is not included in net worth, only investments/cash are included in net worth.
by usnaron
Thu Feb 16, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 210109

Re: Share your net worth progression

-Became a Naval Officer in 2005 with very little in savings -Started saving and investing about 1k per month with an after tax income of $3400 per month (saved probably 90% of income while on deployment tax free) -Met my future wife, also a Naval Officer, in 2006 and got her into saving and investin...
by usnaron
Thu Dec 29, 2016 3:47 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 148276

Re: Boglehead Beer

In San Diego you can get a 24-pack of Stone IPA for about $27 at COSTCO....best deal around.
by usnaron
Sat Jul 26, 2014 8:46 pm
Forum: Personal Consumer Issues
Topic: 2014 Honda Civic EX-L vs 2014 Acura ILX(Base)
Replies: 49
Views: 7449

Re: 2014 Honda Civic EX-L vs 2014 Acura ILX(Base)

My brother just bought a new 2014 Accord LX and I cannot believe the features that come in the base model these days. It even has a rear camera displayed on a pretty large screen up front. It also comes with alloy wheels and not the hubcaps the LX used to come with. He got it for under 19k too. I th...
by usnaron
Wed Aug 29, 2012 4:11 pm
Forum: Investing - Theory, News & General
Topic: vanguard high yield corporate
Replies: 10
Views: 1495

Re: vanguard high yield corporate

Thanks for the excellent responses. They all helped me get a much beer idea of where I stand with my high yield exposure.
by usnaron
Wed Aug 29, 2012 2:59 pm
Forum: Investing - Theory, News & General
Topic: vanguard high yield corporate
Replies: 10
Views: 1495

vanguard high yield corporate

I am having a hard time grasping the actual risk I am taking by investing in vanguard high yield corp index. I know that there is no free lunch with investing, but do you think this fund is really 4 times riskier than vanguard total bond index? If I were to hold on to the high yield fund for 30 year...
by usnaron
Thu Aug 02, 2012 5:25 pm
Forum: Investing - Theory, News & General
Topic: thoughts on Bill Gross' most recent PIMCO note
Replies: 53
Views: 8899

Re: thoughts on Bill Gross' most recent PIMCO note

I don't understand the distinction between capital appreciation and dividends. They seem equivalent to me. I can spend dividends or reinvest them, and similarly I can sell shares for spending money or hold them. Why should I care if my return is 3% dividends and 3% appreciation, versus 6% dividends...
by usnaron
Fri Jun 22, 2012 11:27 am
Forum: Investing - Theory, News & General
Topic: Buying the dividend
Replies: 16
Views: 2574

Re: Buying the dividend

how about a bond index fund. Does the NAV also drop when the dividend is paid out?
by usnaron
Wed May 09, 2012 11:28 am
Forum: Investing - Theory, News & General
Topic: ALLY in trouble
Replies: 1
Views: 801

ALLY in trouble

I know ALLY is very popular on this site for their CDs and savings accounts. FDIC insurance could come in handy.

http://www.nytimes.com/2012/05/06/busin ... ick.net&hp
by usnaron
Fri May 04, 2012 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Free Mercedes-Benz when you open a $1M 5yr CD (1.2% APY)
Replies: 27
Views: 2871

Re: Free Mercedes-Benz when you open a $1M 5yr CD (1.2% APY)

FDIC insures 250k (500k if its a joint CD). too much risk
by usnaron
Thu Apr 26, 2012 12:49 pm
Forum: Investing - Theory, News & General
Topic: Why has Atlanta's housing market gone off a cliff?
Replies: 11
Views: 1433

Re: Why has Atlanta's housing market has gone off a cliff?

Georgia led the country in subprime lending and was top five in price increases during the housing bubble.
by usnaron
Fri Dec 09, 2011 5:15 pm
Forum: Personal Consumer Issues
Topic: Dan Neil in WSJ: Chevy Volt a success
Replies: 334
Views: 34474

Re: Dan Neil in WSJ: Chevy Volt a success

Consumer reports article was not so nice to the VOLT.... Consumer Reports tests show the battery's range at a paltry 23 to 28 miles in cold weather, far below the 40 miles originally promised. "The financial payback is not there," said Jake Fisher, a senior automotive engineer at Consumer Reports Au...
by usnaron
Wed Aug 03, 2011 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: How did you find a job compatible with happiness?
Replies: 105
Views: 12712

If you have a job that makes a lot of money, that alone will make you happy. What you want to do does not matter at all. notsureifsrs.jpeg I'd turn down a career that paid 10 mil annually if it meant i had to spend 14 hours a day alone staring at microsoft office. Too much time is spent at a career...
by usnaron
Mon Aug 01, 2011 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Graduate School (Halfway through)
Replies: 4
Views: 1104

So only 12.5K more to get masters degree from Georgetown? I think I would cut down on expenses and sell some gold coins and keep going to finish degree personally. +1...you could probably save 1k per month by just looking at your budget and shopping smarter. That degree will get your foot in the do...
by usnaron
Tue Jul 19, 2011 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Optimal Age of Used Car for Value (infrequent driver)?
Replies: 27
Views: 6518

Safety- Driving is the most dangerous thing that most of us do and it is done on a daily basis. Make sure the car has side curtain airbags in addition to the frontal ones. Additionally, Electronic Stability Control (or the equivalent for the brand that you choose) is an important safety feature and ...
by usnaron
Thu Jul 14, 2011 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: dealing with a million...
Replies: 24
Views: 3738

Re: 30k per yr budget by the month

Mysteryhunt wrote:
usnaron wrote:You can substitute teach 10 hours a month for an extra $1000 if you want to live more lavishly and wouldn't be touching the $1,000,000 in principle.
I want to substitute teach at that school!!!!!
I meant 10 days a month...haha
by usnaron
Thu Jul 14, 2011 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: dealing with a million...
Replies: 24
Views: 3738

Re: 30k per yr budget by the month

rent or mortgage=$1200 in low cost areas Cable, internet, and dumb cell phone for two people =$160 food for 2=$400 1 car (maintenance, insurance and gas for a retired couple)=$200 electricity and water=$125 entertainment and unforseen expenses=$300 total=$2485 You can substitute teach 10 hours a mo...
by usnaron
Thu Jul 14, 2011 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: dealing with a million...
Replies: 24
Views: 3738

I'm 30 and about 45% of the way there. I find myself more and more risk averse the closer I get. I cannot stay the course. I'd rather be 80% fixed (cds, g fund, total bond, tips) and retire less lavishly than have to work an extra 5-10 years because of a down market.
by usnaron
Thu Jul 14, 2011 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: dealing with a million...
Replies: 24
Views: 3738

30k per yr budget by the month

rent or mortgage=$1200 in low cost areas Cable, internet, and dumb cell phone for two people =$160 food for 2=$400 1 car (maintenance, insurance and gas for a retired couple)=$200 electricity and water=$125 entertainment and unforseen expenses=$300 total=$2485 You can substitute teach 10 hours a mon...
by usnaron
Thu Jul 14, 2011 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: dealing with a million...
Replies: 24
Views: 3738

why not retire when you hit 1 mil

You could buy 1 mil worth of vanguard's long term bond index and live off 30k per yr (invest the surplus in TIPS for future inflation). In many parts of the country, this is possible. It all depends on how much you'd rather do fun free things instead of sitting in the office all day. Your choice.
by usnaron
Thu Jul 07, 2011 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: just went to look, but now might buy a new camry?
Replies: 89
Views: 7476

you can get a brand new 4 cyl. Camry SE for $21,139 in the San Diego area from the USAA car buying service. Many other sites use the same service. The bottom of the line automatic is $19,160.
by usnaron
Wed Jun 22, 2011 2:14 pm
Forum: Investing - Theory, News & General
Topic: What causes inflation?
Replies: 53
Views: 4148

The simplest theory is the quantity theory of money. The Fed prints a lot of money, prices go up by a corresponding amount. Then people noticed that what mattered was the velocity of money, in essence how frequently money is spent in an amount of time. A slowdown in velocity can negate the effects ...
by usnaron
Thu Jun 16, 2011 12:40 pm
Forum: Investing - Theory, News & General
Topic: Article: Fears of rich and super-rich
Replies: 63
Views: 8098

Nothing new here. People who work hard for their money, plus save and invest, naturally worry about losing it to forces beyond their control. It doesn't matter whether you have $100K, $M, or $10M. You want to keep what you worked hard to achieve. The more you have though, the less risks you have to...
by usnaron
Wed Jun 15, 2011 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: how do prop desks make money in a very efficient market
Replies: 9
Views: 1440

how do prop desks make money in a very efficient market

In the efficient boglehead market, does the avg. wall st. prop desk have the ability to beat the market over the long run? Do the CEO's of these large firms honestly think they can beat the market without cheating? Or are there enough grey areas like front-running, for them to be profitable?
by usnaron
Tue Jun 14, 2011 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Hybrid - is it worth it?
Replies: 86
Views: 8657

I just got a 2011 Odyssey. 21 city 28 hwy with a 270 hp V6 that shuts off cylinders when cruising on the hwy. I consistently get 33mpg going 65mph on the hwy. Great car so far.
by usnaron
Tue Jun 14, 2011 3:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS - VIPSX question
Replies: 5
Views: 924

thanks. but what about a bond fund vs individual bond - in a bond fund wouldn't the principal from maturing bonds and interest paid if reinvested be used to purchase new bonds on the market paying higher coupon rates ? true, but the yield is still correlated to inflation like TIPS are. not correlat...
by usnaron
Tue Jun 14, 2011 3:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS - VIPSX question
Replies: 5
Views: 924

ALinLI wrote:thanks. but what about a bond fund vs individual bond - in a bond fund wouldn't the principal from maturing bonds and interest paid if reinvested be used to purchase new bonds on the market paying higher coupon rates ?
true, but the yield is still correlated to inflation like TIPS are.
by usnaron
Tue Jun 14, 2011 2:30 pm
Forum: Investing - Theory, News & General
Topic: TIPS - VIPSX question
Replies: 5
Views: 924

Re: TIPS - VIPSX question

I know that TIPS are inflation protected bonds so will payout higher interest and principal in case of increasing CPI but don't all bonds behave same way since - rising CPI inflation means increasing interest rates and coupon rates paid on bonds would increase ? am i missing something? TIPS rise wi...
by usnaron
Mon Jun 13, 2011 10:29 am
Forum: Investing - Theory, News & General
Topic: Which CD would you choose for interest rate risk insurance?
Replies: 10
Views: 1357

"Interest rate risk insurance" with a CD? I'm confused. :? If rates rise, you can get out of the CD, buy the higher yielding bonds and pay a small penalty. If rates rise and you are in bonds, the is a much larger potential loss of principle. Your losses due to a rise in interest rates are capped wi...