Search found 3265 matches

by edge
Mon Aug 13, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5627

Re: how much car can we afford?

This was an 'which' question, not a 'yes or no' question. What does net mean here? Let's say he pays 100k in taxes so his net is 200k. He can only afford a 20k car? Or are you saying he can afford 20k in lease or car payments per year? how much car do you need? maybe 15-22k for a reliable and reason...
by edge
Sun Aug 12, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5627

Re: how much car can we afford?

What does net mean here? Let's say he pays 100k in taxes so his net is 200k. He can only afford a 20k car? Or are you saying he can afford 20k in lease or car payments per year? how much car do you need? maybe 15-22k for a reliable and reasonable vehicle. how much car can you afford? maybe 10% of yo...
by edge
Mon Jul 23, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: Rain shower
Replies: 25
Views: 2597

Re: Rain shower

We never used the rain shower component. Most important was steam shower, thermostatic, and multi-head (spray handle + overhead).
by edge
Sat Jul 07, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2721
Views: 541794

Re: What's Your Credit Card Rewards Strategy?

Fidelity 2% visa
Citi AAdvantage
by edge
Tue Jul 03, 2018 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4433

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

While mostly true,very long term variable loans are becoming common in Asia. That being said I would really like to know if there are any options for me to acquire a US backed loan with reasonable fixed rates. Local mortgage rates in the Dominican Republic are very high (between 18% and 26%) and are...
by edge
Tue Jul 03, 2018 5:36 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8159

Re: What % of your equity is int’l?

40% of equities
by edge
Sun Jul 01, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: >$250,000 portfolios with Vanguard? Insurance?
Replies: 42
Views: 8039

Re: >$250,000 portfolios with Vanguard? Insurance?

I meant insurance against market risk. I am not aware of property and casualty insurance for brokerage account balances :-) That's exactly what there is. Beyond SIPC brokerages like Fidelity have their own insurance to guard against theft or other losses not associated with market value. Most people...
by edge
Sun Jun 24, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 96
Views: 8521

Re: how to make friends in new location?

Amen, relationships with women became so much easier when I just expressed some modicum of sympathy instead of suggestions for fixing problems. Men typically want actionable advice. Women not so much in my experience. I've been divorced for 16 years and am still on good terms with my ex. One source ...
by edge
Sat Jun 23, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 12109

Re: When did you start flying business class?

When it was free either because of airline status (free auto upgrade) or if it was on the company dime.

If you fly enough it just sorta ‘happens’ without having to pay for it.
by edge
Sat Apr 14, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 2309

Re: New York State income tax bracket is not a marginal rate?

I live in NY. I don’t find the quality of life to be proportional with the tax burden. Not even close. Yes, it would be great not to have to pay the onerous taxes, but NY is the state where I started my businesses, where I have lots of friends and family, and where home is. The best financial decisi...
by edge
Sat Apr 14, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Window blinds to cut costs?
Replies: 8
Views: 1660

Re: Window blinds to cut costs?

It can help moderately but the best approach is exterior shutters or solar shades. May be difficult to integrate with your home’s architecture in an elegant way.
by edge
Tue Apr 03, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy to Consider Relocating 5 Months after Buying a House?
Replies: 28
Views: 3248

Re: Am I Crazy to Consider Relocating 5 Months after Buying a House?

No you aren’t crazy. Make sure your firm is making this worth your while.
by edge
Tue Mar 27, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: Recurring brake rotor problem
Replies: 31
Views: 2038

Re: Recurring brake rotor problem

I don't follow. Rotors are a wear item. Replace them. I've been having an issue with our 2014 Buick Enclave, where last year we had to have the brake rotors ground(?) as they were causing a grinding sensation when braking.  A year later it's doing it again. Buick says they'll fix the rotors for free...
by edge
Sat Mar 17, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 8927

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

How is this unusual?

You are clearly being played in a most usual way.
by edge
Sat Mar 10, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Disrupted Active Investing. Now It Could Save It.
Replies: 8
Views: 2360

Re: Vanguard Disrupted Active Investing. Now It Could Save It.

Are these truly active? Or are they passive? They are not index funds obviously, but I am not sure I would call them 'active'.
by edge
Mon Feb 19, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 113
Views: 14018

Re: Bogleheads with $100K+ MSRP cars?

I would get a Cayman GTS over the base 911 models. I don't spend anywhere near 100k/car. I guess I could if I wanted but it never seemed worth it. And too much attention. Unwanted attention.
by edge
Fri Feb 16, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 13040

Re: Did you learn anything from the market correction?

No, I didn't learn anything. But I am continually surprised by the number of people who have weak stomachs.
by edge
Tue Feb 13, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Increased pay versus personal and job satisfaction
Replies: 12
Views: 1298

Re: Increased pay versus personal and job satisfaction

Jobs that have 4x the pay rarely are the ones where you actually use all your vacation.
by edge
Sun Feb 04, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 17206

Re: Blood in the water- buying?

My stocks are still overweight (within tolerance) due to all the gains. This is a paper cut at worst. Anyone who thinks this is ‘blood in the water’ needs a gut check.
by edge
Mon Jan 29, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 7604

Re: Who taught you about financial responsibility?

My father was a big saver. His investment approach left things to be desired but his core sense of fiscal responsibility was pivotal.
by edge
Sat Jan 27, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 10174

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Yes, it had gotten much slower with short battery life. Now it is as fast as when brand new. There are already 3rd party apps that show battery capacity. Mine was shot, 45%. Ya I’m on iPhone 6. Can’t think of a good reason to upgrade. Had the battery replaced for 29$ Did you notice any difference af...
by edge
Sat Jan 27, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 24800

Re: In what ways could BogleHeads be badly wrong ?

If somehow bonds outperform stocks over long periods of time, maybe? Or if markets fail permanently. But in this case we are all screwed.
by edge
Sat Jan 27, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 10174

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Ya I’m on iPhone 6. Can’t think of a good reason to upgrade. Had the battery replaced for 29$
by edge
Fri Jan 19, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1727

Re: Is the crypto market efficient?

Some of these currencies are too concentrated in terms of large holders to be considered efficient markets imo.
by edge
Sun Jan 14, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 7864

Re: Hot Water Delay at faucet/shower far from water heater

You can get a water circulator.
by edge
Sun Jan 14, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 5366

Re: Nostalgic about old online brokerages that no longer exist

I don’t know what this is trying to get at but TD bank, a Canadian institution, owns a large share of TD Ameritrade. Iirc 40%. I know the "TD" in TD Bank's name stands for Toronto Dominion. Does anyone know if it means the same in Ameritrade and Waterhouse? I think Toronto Dominion is origin but it ...
by edge
Sun Jan 07, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: any success buying a car at lease end?
Replies: 25
Views: 2571

Re: any success buying a car at lease end?

List price is different than actual sales. The dealer knows more than you. Their own data, auction data, other dealership data, etc.
by edge
Sun Jan 07, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

I don’t know what ITT is supposed to be. Try doing a thought exercise with a portfolio with two asset classes with equal yet negatively correlated returns. Anyway this forum is full of information much more technical than this thread. Use the search button. Why not both? Then we can take advantage o...
by edge
Sun Jan 07, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

Why not both? Then we can take advantage of the rebalancing bonus (the one that hardly anybody actually understands). Ok so just have a portfolio of micro cap value. That will probably work. By optimal, I'm referring to long-term returns. More specifically, you mean emerging market micro cap value s...
by edge
Sun Jan 07, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

Ok so just have a portfolio of micro cap value. That will probably work. What the heck is ‘optimal’ in this context? The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems...
by edge
Sun Jan 07, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

What the heck is ‘optimal’ in this context? The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems obvious? The other metrics you mentioned: revenue, profits, or some othe...
by edge
Sat Jan 06, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems obvious? The other metrics you mentioned: revenue, profits, or some other metric cannot adequately capture the marke...
by edge
Sat Jan 06, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7270

Re: Does the 3 fund portfolio seem somewhat flawed?

Because the point of the market portfolio is to achieve market returns. I am no expert like all the others who replied here, but here is how I understand why the 3 fund portfolio is not flawed in a simple humble way: Assume that there were only 3 companies in country xyz! Company A (Large Cap) that ...
by edge
Sat Jan 06, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody recommend a good equity fund?
Replies: 22
Views: 1663

Re: Anybody recommend a good equity fund?

For low balances look at star or life strategy balanced funds. The ishares balanced etfs are good too esp if you have free trades.
by edge
Sat Jan 06, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard site: can't pick destination fund for Roth conversion
Replies: 16
Views: 1280

Re: Vanguard site: can't pick destination fund for Roth conversion

Yes it was better like that. Vanguard’s processes and website are quite bad. For some reason when I did my conversion VG opened up new federal money market accounts. Typical VG clunkiness. The process used to be fine. It was like any other exchange, only it would catch it as a conversion and ask the...
by edge
Sat Jan 06, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: So ambitious w/ money but so risk-averse
Replies: 31
Views: 3386

Re: So ambitious w/ money but so risk-averse

I see greed, not ambition.
by edge
Sat Jan 06, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard site: can't pick destination fund for Roth conversion
Replies: 16
Views: 1280

Re: Vanguard site: can't pick destination fund for Roth conversion

Vanguard’s processes and website are quite bad. For some reason when I did my conversion VG opened up new federal money market accounts. Typical VG clunkiness.
by edge
Tue Jan 02, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 19501

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

What a waste of time.

They should add life strategy ETF share classes or do something else useful.
by edge
Mon Jan 01, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 2620

Re: Consolidate to Single Financial Institution?

I prefer to have a couple of different accounts eg fidelity and vanguard.
by edge
Mon Jan 01, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 4337

Re: Car headlights or Daytime Running Lights - what do you do?

I usually use the auto setting on the headlights but I’ve observed that snow seems to trick it.
by edge
Mon Jan 01, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 1657

Re: International stocks -- lose rebalancing benefit with total international index?

Ferris is probably right but it’s just not worth the trouble for me. My portfolio is complex enough and I hold a separate EMV fund already.
by edge
Mon Jan 01, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1848

Re: help me optimize new snow tires

I can get 4-5 seasons (20-30k miles) out of blizzaks if I drive carefully in the winter. The winters where we live now have snow from October through April. I would never ever drive the blizzaks in the warmer months. They are goopy in warm weather to the point of being unsafe and get horrible gas mi...
by edge
Mon Jan 01, 2018 2:48 am
Forum: Investing - Help with Personal Investments
Topic: is using HSA as investment vehicle worth the trouble?
Replies: 50
Views: 5350

Re: is using HSA as investment vehicle worth the trouble?

That's where I am, except I also use it now for medical expenses. Whatever is left over can be invested. No need to track paperwork. I see this question being posed about every month. The rules are clear. Either you are willing to go to the trouble of saving/scanning receipts and/or using a spreadsh...
by edge
Sun Dec 31, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Placing an order to buy VTSAX, at what price will the transaction be executed?
Replies: 21
Views: 1917

Re: Placing an order to buy VTSAX, at what price will the transaction be executed?

Settlement is not the same as execution. You obtain the price on the 2nd closing, money does not move until a day or two or whatever later. While placing an order in which I move money from a federal money market fund to VTSAX I got the following message: "Money moves out of your settlement fund one...
by edge
Sun Dec 31, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 1830

Re: Curiosity: Blackrock

See: https://www.bogleheads.org/forum/viewtopic.php?t=125475 https://www.bogleheads.org/wiki/Fund_of_funds#Taxes Looks like the FTC is OK these days. I remember a time when the total international fund at VG was a fund of funds which was problematic for some reason. They collapsed it at some point. ...
by edge
Sun Dec 31, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 1830

Re: Curiosity: Blackrock

I thought there were some tax implications for fund of funds structure. This probably is less important for bond funds but may be meaningful for equity funds. iShares funds are reasonable but they are rarely the least expensive. I keep some of my kid's investments in AOR which is a global balanced i...
by edge
Sun Dec 31, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 1830

Re: Curiosity: Blackrock

Blackrock is fine but they are an ETF provider. Most people initially concern themselves with which broker to use and then typically use VG ETFs. iShares funds are reasonable but they are rarely the least expensive. I keep some of my kid's investments in AOR which is a global balanced index fund fro...
by edge
Sun Dec 31, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 11023

Re: I Want to Buy a Horrible, Expensive Car

Ya, I sort of hit a limit in the 50-100k range where it just doesn't matter beyond that. And frankly I would rather have empty garage space than to fill it with another car. So I tend to lease something nice that can work as a daily driver and is appropriate for the weather conditions. That happens ...