Search found 47 matches

by Revision17
Wed Dec 11, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance versus LLC approach to limit real estate liability
Replies: 14
Views: 792

Re: Umbrella Insurance versus LLC approach to limit real estate liability

I live in NJ and I'm researching things related to rental properties. I met with a lawyer with experience representing landlords to discuss if an LLC is worth it over a sole proprietorship for a single unit. She very quickly said it wasn't worthwhile in NJ unless you have many properties. The amount...
by Revision17
Tue Oct 22, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5862

Re: Living life post smart phone

I had cell phone addiction too and bought a GPS+Cellular Apple watch a year back. Sure I pay $10 per month extra for my watch, but I now barely use my iPhone. I don't carry my phone around at all. All the important calls get routed to my watch and I answer it there. Same with iMessages and email/Wh...
by Revision17
Thu Aug 08, 2019 10:24 pm
Forum: Personal Investments
Topic: Bond funds in an HSA
Replies: 19
Views: 1649

Re: Bond funds in an HSA

I won't comment on the choice of a bond fund. However if those choices aren't acceptable to you, you may be able to do a partial transfer to a different custodian like Fidelity. I did that once... I transferred all but ~$100 from my employer's HSA. I plan to continue doing it once a year or so.
by Revision17
Wed Aug 07, 2019 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2380

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

I'm not sure what the best path is for you. If you get the degree earlier, you'll have it. But then you may have more debt and no work experience. If you wait longer, you'll likely have more obligations and will have to work and get the degree part time. I'm kind of on a similar path, so here's my s...
by Revision17
Wed Jul 31, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Shot myself in the foot (401k matching)
Replies: 18
Views: 2701

Re: Shot myself in the foot (401k matching)

Unfortunately, the matching is capped for each paycheck with a true-up at year-end. Since I already maxed out my contribution, I didn't get the full match and I won't get a true-up since I'm no longer employed. Is the comment above a typo? The company cannot decide who they want to give the true-up...
by Revision17
Thu Jun 20, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: Why are 1 month t-bill rates low?
Replies: 10
Views: 1230

Re: Why are 1 month t-bill rates low?

I guess a better question is.. Banks can earn interest from the Federal Funds Rate by depositing money at the fed (I think?). Why not store your money at a bank instead? Is it just because T-Bills are more liquid? Maybe the complexity of dealing with spreading your funds around many banks to keep FD...
by Revision17
Wed Jun 19, 2019 6:55 pm
Forum: Investing - Theory, News & General
Topic: Why are 1 month t-bill rates low?
Replies: 10
Views: 1230

Why are 1 month t-bill rates low?

Today the fed decided to keep rates at 2.25% to 2.5%. Looking at the treasury yield curve site , the yield for the 1 month has fallen from 2.36% at the beginning of the month to 2.18% yesterday. I expected this was because investors anticipated the fed would cut rates. However they decided not to do...
by Revision17
Wed May 29, 2019 11:54 am
Forum: Personal Investments
Topic: Buying treasuries other than ultra short term?
Replies: 45
Views: 3154

Re: Buying treasuries other than ultra short term?

If you follow economist (and TBond king) A. Gary Shilling the 30-yr rates could go as low 2% from where we are today. So if the stock market goes down 20-30% chances are you might see 30-40% cap gain on 30-yr Treasuries if you invested in the zero coupon. I made up the 30-40% as I do not have the e...
by Revision17
Sat May 25, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Are For Holding
Replies: 26
Views: 2157

Re: Larry Swedroe: Factors Are For Holding

I remember listening to the Bogleheads podcast with Dr. Wesley R. "Wes" Gray. His position was that a factor based portfolio will hopefully have superior returns over the long term since it's riskier, and you'd get paid for the risk premium when held over the long term. So it's a way in an unleverag...
by Revision17
Sun May 12, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 21
Views: 2979

Re: WSJ: When to Pick Mutual Fund over ETF?

I haven't tried this strategy yet. But I'm thinking in the future if I have a goal in mind, I'll go ETFs because I can use them with protective put options. For example, if I decide I want to buy something big in 8 months, I can buy a long term put option on VTI. Then I can keep my money in VTI. If ...
by Revision17
Sat May 11, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Finance and it’s lenders (Consumer Direct)
Replies: 24
Views: 3761

Re: Costco Finance and it’s lenders (Consumer Direct)

I didn't go through costco, but I got my mortgage through consumer direct (a division of First Bank). Everyone I worked with in the process knew their stuff and was friendly. The only kind of annoying thing is they called me up to lock my rate the day rates were the highest. I did agree, so my bad r...
by Revision17
Thu May 02, 2019 8:51 pm
Forum: Personal Investments
Topic: Buying a home w/cash vs taking a mortgage and investing
Replies: 39
Views: 4898

Re: Buying a home w/cash vs taking a mortgage and investing

I bought last year and thought I could do the invest + mortgage thing. When the stock market dropped late last year I felt awful that I may have effectively lost my means of paying off lots of my mortgage. Plus psychologically it bothers me a lot to have debt. After the market recovered most of the ...
by Revision17
Mon Apr 29, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Looking for Very High Travel Accident Insurance
Replies: 35
Views: 3130

Re: Looking for Very High Travel Accident Insurance

I can't find the product now by googling, however I remember hearing an insurance company executive talk about a new website/app where you can buy plane crash life insurance. You can buy right before you get on the plane with no medical exam... something like $11 for $1M to cover your specific fligh...
by Revision17
Tue Apr 23, 2019 10:24 pm
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 83
Views: 11971

Re: Pros/Cons of Condo Living?

I just moved into a townhouse styled condo about 6 months ago because it's close to where I work, it was cheaper than a single family home and I dislike lawn care. So far so good! My HOA seems to currently well managed and cost conscious, although they do have some debts from the past. One thing to ...
by Revision17
Mon Apr 15, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Recommendations on treadmill purchase
Replies: 16
Views: 1305

Re: Recommendations on treadmill purchase

I don't own a treadmill, but after years of going to the gym, I've finally built up a home fitness setup. What a timesaver! :sharebeer
by Revision17
Sun Apr 07, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: "Worried about being pushed into 'higher tax bracket' "
Replies: 25
Views: 2265

Re: "Worried about being pushed into 'higher tax bracket' "

Ugh... yeah I know people like this :oops: . One of them decided to give up an $8k bonus because they were worried about it pushing them into a higher tax bracket. Years later they learned the error of their ways... they can't get the bonus back though :oops: :oops:
by Revision17
Thu Apr 04, 2019 12:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7406

Re: Larry Swedroe: Benefits Of International Diversification

Many of the world's top companies are headquartered outside the US. Why wouldn't you want to own shares in these companies? Seems as simple as that to me. The US is just one country, whose fortune can rise or fall, but the world stock market represents much of the productive capacity of the entire ...
by Revision17
Tue Mar 19, 2019 6:32 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4827

Re: Slow cooker vs Instant pot........

Quick instant pot tip... you can cook with the stainless steel pot on the stove. With the stove you can brown better and more quickly. Heating up a pot full of liquid is quicker on the stove as well (since as one poster mentioned above, you're just hooking it up to a 15A 120V outlet). Then you can s...
by Revision17
Thu Feb 07, 2019 10:45 pm
Forum: Investing - Theory, News & General
Topic: Tax efficient and FDIC insured
Replies: 11
Views: 1245

Re: Tax efficient and FDIC insured

While not FDIC insured, very short term treasuries are likely just as safe safe and their interest paid is state income tax free.

A little bit more risky, but more tax efficient, are funds which mostly have high quality municipal bonds, including pre-refunded ones.
by Revision17
Tue Feb 05, 2019 11:30 pm
Forum: Personal Investments
Topic: Valuation seem high. When to buy into 3-fund folio.
Replies: 24
Views: 2554

Re: Valuation seem high. When to buy into 3-fund folio.

While I was very disciplined and boglehead-like for my retirement fund.. for the taxable portion of my portfolio, I stuck it in super conservative investments (like 90% muni bonds/10% stock) in 2017 and the beginning of 2018. I "missed the dip" in early 2018.. over the summer I got tired of waiting ...
by Revision17
Thu Jan 31, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: When selling just isn't worth it
Replies: 24
Views: 2680

Re: When selling just isn't worth it

I've probably sold $10k of camera gear when I was in my photography phase before I lost interest :oops: . I've found selling on ebay with a buy it now price has good results in terms of list time vs sale price. You'll tend to get poor prices at auctions. Fulfilled by amazon (FBA) is pretty decent as...
by Revision17
Sun Jan 27, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy For Student Loans
Replies: 48
Views: 3546

Re: Strategy For Student Loans

I can't add too much other than to say, I graduated in 2008 in almost a similar situation.. with $90k in loans and a job as a programmer. Here's a post from me in 2010: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=51686&p=684190#p684190 You're making more money than I did, adjusted for infla...
by Revision17
Sun Dec 30, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: What are some critiques of passive investing/index funds?
Replies: 75
Views: 6419

Re: What are some critiques of passive investing/index funds?

School gunning survivor, David Hogg, was critical of Vanguard and called for a boycott of Vanguard because their index funds hold firearms companies. I don't agree. Even Vanguard's FTSE Social Index fund has big monster mega-banks that in my opinion are more evil than firearms companies. Interestin...
by Revision17
Fri Dec 28, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice to family members
Replies: 37
Views: 3626

Re: Financial advice to family members

I was hoping for, "1 weird trick that will fix all my problems :? ". I did actually try to give her my bogleheads a few years ago... but she said she was too busy to read it :oops: Well maybe in a few years she'll become interested in this stuff on her own. I guess I'll take people's advice and stay...
by Revision17
Fri Dec 28, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice to family members
Replies: 37
Views: 3626

Financial advice to family members

I have a younger sister who's in her late 20s. She hasn't started saving for retirement yet. I've been gently nudging her around tax time for the past couple of years to look into opening up an IRA. She isn't terribly interested in financial matters, for example, all her savings is in a checking acc...
by Revision17
Thu Dec 20, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2146016

Re: U.S. stocks in free fall

I invested a substantial lump sum exactly two weeks ago. I lost close to $70,000 since then. I'm in for the long term, I have Jack Bogle's latest book on my nightstand etc. but still, let me tell you this is truly brutal. I lump summed in most of the bond part of my portfolio after deciding I was g...
by Revision17
Wed Dec 19, 2018 7:18 am
Forum: Personal Investments
Topic: Thinking of Selling Tax-Managed Balanced Fund (VTMFX)
Replies: 6
Views: 1600

Re: Thinking of Selling Tax-Managed Balanced Fund (VTMFX)

For #3, in every other vanguard fund I've sold (with an account at vanguard), they pay out the earned dividends on sale.
by Revision17
Mon Dec 17, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I Utilize 401(k) in Last Year of Work
Replies: 3
Views: 538

Re: Should I Utilize 401(k) in Last Year of Work

I guess you're right but I am pretty bearish on future tax rates given the huge deficits, volume of baby boomers and their impact on future deficits, etc. Maybe I've answered my own question but I appreciate the response. If that's what you think will happen, maybe check to see if your company offe...
by Revision17
Tue Nov 20, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: San Juan, Puerto Rico
Replies: 11
Views: 1734

Re: San Juan, Puerto Rico

I was just there a month ago. Old San Juan was really nice. I the old Spanish fortresses are must sees. Seeing the video in the theatre in one of them which gives you the history of them helps you understand their architecture much better. My favorite meal on my trip was the mofongo with pan fried p...
by Revision17
Wed Oct 27, 2010 12:32 am
Forum: Personal Investments
Topic: re: I Bond Redemption Question
Replies: 2
Views: 799

I'm pretty sure as long as your i-bonds are at least one year old, you can redeem as much as you want (you have to pay taxes on earnings when you redeem though)
by Revision17
Wed Oct 20, 2010 6:27 pm
Forum: Personal Investments
Topic: Vanguard Performance page crazyness
Replies: 3
Views: 1028

I've actually had a similar problem since I signed up with a vangaurd account a little more than a year ago. Once out of every so many times the performance and graphs are definitely not mine. I my balance is less than $20k and I've seen graphs for well over $100k (although I wouldn't mind having th...
by Revision17
Tue Oct 12, 2010 11:56 pm
Forum: Personal Investments
Topic: Credit Report
Replies: 14
Views: 2965

Every quarter my CU, Alliant, gives me my experian credit score.
by Revision17
Thu Jul 08, 2010 10:21 am
Forum: Personal Investments
Topic: Short term bond choices
Replies: 28
Views: 3650

Some online banks (like ally) have fairly small penalties for early withdraw.

Still a bond fund like the one you have may give you more flexibility.
by Revision17
Sat Jul 03, 2010 9:35 am
Forum: Personal Consumer Issues
Topic: Vehicles you have owned...
Replies: 162
Views: 28390

I'm 24 and I've had the following cars: 1992 Toyota Camry: Got this my last year of college, had it for 2 years before selling to my sister and upgrading to a... 1996 Cadillac Seville SLS: After about 2 months of looking on the used car market (I actually wanted to buy a ~2000 Subaru Outback) I foun...
by Revision17
Fri Jun 18, 2010 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help - Trouble getting Vg data into mint.com
Replies: 1
Views: 439

Odd.... works fine for me every time. I didn't have to do anything special.
by Revision17
Fri May 28, 2010 12:18 am
Forum: Personal Finance (Not Investing)
Topic: re: Poor people spend 9% of income on lottery tickets
Replies: 143
Views: 17177

I bought my first lotto ticket today... $1 win up to $500. I'd been meaning to do it since I turned 18 but never got around to it.

I lost. I think this will also be my last lotto ticket.
by Revision17
Fri May 21, 2010 12:30 am
Forum: Personal Investments
Topic: What are some good online savings accounts?
Replies: 52
Views: 9888

Alliant Credit Union is at 1.5% APY now. Although it's a bit of a pain to sign up for (you have to actually mail them some stuff.. it's not 100% online).
by Revision17
Wed May 19, 2010 11:34 pm
Forum: Personal Investments
Topic: 25 years old - What would you do?
Replies: 15
Views: 2159

My student loans are at 3.11% so I go between IRA and student loans... however you have a 6.8% loan... Personally, I'd go for the guaranteed 6.8% ROI.
by Revision17
Wed May 19, 2010 11:25 pm
Forum: Personal Investments
Topic: What should I do with house specific savings
Replies: 4
Views: 905

Alliant Credit Union's savings and checking account rates are 1.5% APY at the moment, which is better than electric orange and has a very low minimum balance. Ally bank has some nice CD rates with the only loss being up to 60 days of interest... so if you keep the money in for at least 60 days you l...
by Revision17
Sat May 15, 2010 10:23 pm
Forum: Investing - Theory, News & General
Topic: Friend's investing strategy doesn't seem to make sense
Replies: 10
Views: 2168

Re: Friend's investing strategy doesn't seem to make sense

Thanks.. I suppose it's good to know that other people do similar things to Victor and that his numbers may indeed be correct. Different strokes for different folks I suppose. Before I get into the specifics, I'll just make up some names so we don't suffer from pronoun overload: Friend: Jim Friend's...
by Revision17
Fri May 14, 2010 7:43 pm
Forum: Investing - Theory, News & General
Topic: Friend's investing strategy doesn't seem to make sense
Replies: 10
Views: 2168

Friend's investing strategy doesn't seem to make sense

Before I get into the specifics, I'll just make up some names so we don't suffer from pronoun overload: Friend: Jim Friend's Coworker: Victor Jim works at a company with a 401k plan and a decent match. For the first few years he just let his 401k money go into whatever the "default" investment was (...
by Revision17
Sat May 08, 2010 10:38 am
Forum: Personal Consumer Issues
Topic: I have bugs in my keyboard !!
Replies: 37
Views: 8049

Unscrew the top of the keyboard (it's just a piece of plastic and the keys.. there's a plastic sheet underneath the keys that they hit). Take off the larger keys like ctrl, space and enter. Soak the large keys in hot soapy water. Put the top of the keyboard keys down in the top rack of the dishwashe...
by Revision17
Mon Apr 26, 2010 11:30 pm
Forum: Personal Investments
Topic: Where to put an emegency fund?
Replies: 12
Views: 2537

An Online Saving account such as that offered by Ally bank Alliant Credit Union pays 2% APY -- which is higher than most 2 or 3-year CDs. That's where the cash portion of my emergency fund lives. Actually I signed up for an alliant account when they had those rates, and by the time I deposited my m...
by Revision17
Fri Mar 12, 2010 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Which reward type credit cards is everyone using?
Replies: 87
Views: 72465

I have the Fidelity Investments reward card. 2% cash back on everything, with the rewards redeemable every $50.
by Revision17
Fri Mar 12, 2010 3:51 am
Forum: Personal Finance (Not Investing)
Topic: Save money or pay down student loans faster?
Replies: 13
Views: 2367

Thanks for your replies. I haven't found any company willing to give me a fixed rate around what I have at the moment. The lowest I've been quoted has been 7%. These are all private loans. I believe you have access to your entire CD balance at all times. Having the loans is kind of a psychological b...
by Revision17
Thu Mar 11, 2010 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Save money or pay down student loans faster?
Replies: 13
Views: 2367

Save money or pay down student loans faster?

I'm a semi-recent college grad. I've been working for almost 2 years now, paying down student loans and maxing out my roth IRA. Situation: Assets: 8k in savings in bank accounts (half checking half savings), 8k roth Student loans: $76k @ 3.11% variable rate interest.. this is a dollar weighted avera...
by Revision17
Fri Nov 06, 2009 1:11 pm
Forum: Personal Investments
Topic: Recontributing withdrawls of Roth IRA contributions?
Replies: 4
Views: 1178

Recontributing withdrawls of Roth IRA contributions?

With Roth IRAs you are allowed to withdraw your entire contributed amount at any time, however you're only allowed to contribute $5k per year to it. So take this scenario: 2005: Contribute $5k 2006: Contribute $5k 2007: Contribute $5k 2008: Lost job and withdrew $15k of contributions. No money contr...