Search found 138 matches

by Bud
Wed May 09, 2018 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 42
Views: 4886

Re: Best cash-back credit card right now?

for cards that offer 3% on groceries for spending up to $6000 and then 1% rebates after be aware that if you spend more than $12,000 annually for groceries, a flat 2% card will provide a better rebate so some families will benefit from the flat 2% rebate of Citi MC because of that fact. Simplicity h...
by Bud
Mon Apr 23, 2018 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment frequency - Monthly vs. Weekly
Replies: 15
Views: 2108

Re: Mortgage payment frequency - Monthly vs. Weekly

I am not sure what other lending companies do, but when I make an electronic transfer of funds to my mortgage company, it is applied immediately to pay down the principle of the loan. Maybe this is because I am ahead on my monthly payments. In my situation, I can make an epayment of $10 or $1000 and...
by Bud
Sun Apr 15, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 70
Views: 6572

Re: The World in 2050 — GDP & Stock Market Capitalization

USA GDP Real Growth (inflation adjusted) - DJIA 1930 $ 0.967 trillion - 244.2 1950 $ 2.184 trillion - 200.52 1970 $ 4.722 trillion - 800.20 1990 $ 8.955 trillion - 2810.15 2010 $14.784 trillion - 10428.05 2017 $17.096 trillion - 24719.22 The US market has tracked GDP but very irregularly. The DJIA h...
by Bud
Tue Apr 10, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to invest in Vanguard Intermediate-Term Bond fund?
Replies: 17
Views: 2761

Re: Is it a good time to invest in Vanguard Intermediate-Term Bond fund?

There is no bad time to invest in this fund - And I think you mean the Intermediate Term Bond Index.
by Bud
Sat Apr 07, 2018 5:55 am
Forum: Investing - Theory, News & General
Topic: Corruption vs. Country Stock Returns, 1997-2016
Replies: 17
Views: 1779

Re: Corruption vs. Country Stock Returns, 1997-2016

This is what Transparency International measured to achieve their data and determine 'corruption'. "The CPI draws upon 13 data sources which capture the assessment of experts and business executives on a number of corrupt behaviours in the public sector, including:  Bribery  Diversion of public fu...
by Bud
Thu Mar 22, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Paying Points on Purchase Mortgage - Worth It?
Replies: 28
Views: 2557

Re: Paying Points on Purchase Mortgage - Worth It?

Often paying points for lower interest rates isn't worth it, especially if as a good boglehead, you decide to prepay your mortgage :). I just had this option earlier this month and decided to forego it. To benefit from the 69 months that you mention, you also assume (make a $8800 bet) that interest ...
by Bud
Tue Mar 20, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Impending market correction
Replies: 28
Views: 1973

Re: Impending market correction

Corrections are a great opportunity to buy low...
by Bud
Sat Mar 03, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: how many mortgage application?
Replies: 7
Views: 810

Re: how many mortgage application?

if it's your first time, don't be intimidated. Shop for a mortgage like you shop for anything. Really there is no 'service' aspect of a mortgage so just find the best price and go with it. I called three or four and gave then basic info so I wouldn't need to fill out all the paper work just to get a...
by Bud
Wed Feb 21, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Rental income from overseas
Replies: 3
Views: 361

Re: Rental income from overseas

Taxes are country specific. You may need to claim the income in the country which it originates or you may have the option of deciding which country you claim it. Does the USA have a reciprocal tax agreement with the originating country? If the laws require you to file a tax return in that country, ...
by Bud
Tue Feb 13, 2018 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property
Replies: 15
Views: 1254

Re: Selling a rental property

If you have a good closing attorney and get an accurate price, you're pretty well protected IMO. This is my experience. In the situation that you describe, there is little value that a realtor would add (which is mostly to connect buyers and sellers). It takes a bit more work on your end, but on a ...
by Bud
Wed Feb 07, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 4014

Re: Jogging in the cold.

I actually enjoyed the cold and jogged in weather that was down to -10 F. It just depends on layers and pace. I would rather go out in zero degree weather than 40 F and rain :(
by Bud
Wed Jan 31, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: looking for positive experiences transferring to Vanguard
Replies: 39
Views: 2711

Re: looking for positive experiences transferring to Vanguard

i have done several transfers through the years and will initiate another in a few weeks - never had any issues.
by Bud
Sun Jan 28, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 5322

Re: Does anyone not rebalance?

I rebalance with new money. Right now some of my categories are outside of the band but then nothing says you have to rebalance annually. While no one can predict the future, a 15-20% correction sometime this year would not surprise me. Also if you are concerned the market is too high, you can use i...
by Bud
Tue Jan 23, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Thinking through Paying Down the Mortgage
Replies: 58
Views: 4789

Re: Thinking through Paying Down the Mortgage

The decision to pay down the mortgage can be viewed as diversification rather than comparing expected rates of return. When thought about this way, extra income could be used to pay down the mortgage to increase diversification. However a 2.75% mortgage is a great deal - at the end of the day the "o...
by Bud
Thu Jan 18, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '8% rule' - Where are they now?
Replies: 40
Views: 7034

Re: Year 2000 retirees using the '8% rule' - Where are they now?

I recently showed my wife our portfolio and explained to her that if anything happens to me, she can withdrawal 4% per year and the money should last forever. Her response? "Well, that's a pretty good amount of money!" a piece of advice - Keep a simple portfolio and make sure your spouse understands...
by Bud
Sat Jan 06, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: This is clearest picture of why diversifying is priority!
Replies: 29
Views: 5923

Re: This is clearest picture of why diversifying is priority!

John Bogle talked about reversion to the mean (RTM) in some of his speeches. If you accept this theory for an asset class, then diversification makes sense and is something that can be utilized for greater returns. This works best for people who regularly invest and would work by allocating more new...
by Bud
Tue Dec 19, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 151
Views: 10567

Re: How much do you spend on food per month, per person?

Family of six We budget $800/ month for groceries and household supplies (tp, soap, etc)... we don't pass this number We budget $200/ month for eating out... we don't pass this number either... so about $150-$160/month/ person We shop at Aldi's, Sam's Club, Kroger's, Save-a-Lot, always the sales, no...
by Bud
Fri Dec 08, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 19668

Re: Call the top! - Bitcoin

As a bubble, bitcoin will pop... the question is when. In 1998, everyone was buy stock that anything to do even remotely with the internet, including my friends and family who had no idea how these companies would produce revenue and some of those companies never produced revenue... the bubble only ...
by Bud
Thu Nov 09, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 4190

Re: In 40s and no retirement [US ex-pat in Brazil]

Long story short - open a Vanguard account which shouldn't be any problem as a US citizen, use a US address for mail, do all transactions online, get an all in one fund, and start investing regularly. DO NOT touch the money - it will serve as your personal IRA. The problem with Vanguard is that the...
by Bud
Thu Nov 09, 2017 5:15 am
Forum: Investing - Help with Personal Investments
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 4190

Re: In 40s and no retirement [US ex-pat in Brazil]

Thank you so much for your kind words of encouragement and advice, everyone! You were correct about my situation, LadyGeek! Thank you for retitling the thread! Yes, I know it’s complicated being involved with two countries! To tell the truth, that is why I have always put it off (like an ostrich pu...
by Bud
Sun Oct 29, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Thaler's Misbehaving: The Making of Behavioral Economics - FREE*
Replies: 10
Views: 909

Re: Thaler's Misbehaving: The Making of Behavioral Economics - FREE

You need to be a prime member to have access to the free download...
by Bud
Sun Oct 08, 2017 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13144

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations from a fellow blue collar, two comma club couple :).

BTW, one of Stanley's other books, The Millionaire Mind, is $0.99 on kindle thru Amazon.

All best going forward!
by Bud
Sun Oct 08, 2017 4:56 am
Forum: Personal Consumer Issues
Topic: Chrome vs Firefox
Replies: 34
Views: 5707

Re: Chrome vs Firefox

I have used SRWare Iron for 10 years. It is an opensource browser that uses Google Chrome code with the data tracking removed. It will work with any Chrome add-on. If you still use Google as your search engine, that will be tracked accordingly. duckduckgo works well as a search engine that does not ...
by Bud
Wed Sep 27, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: REITs as "pseudo diversification"
Replies: 44
Views: 4696

Re: REITs as "pseudo diversification"

Just a few thoughts from having owned real estate, small businesses, REITs, and stocks for a few decades... It is difficult to compare REITs and individual property ownership just as it is difficult to compare a TSM index and individual business ownership. They are different beasts - do you own sing...
by Bud
Sun Sep 24, 2017 5:19 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 29593

Re: Calling out the not so rich bogleheads

I am mostly a lurker because life is busy with family, work, and learning. And after awhile, it seems that the same topics are repeated in various ways over and over again. But, the information is invaluable and I enjoy it all. So here are a few ramblings that hopefully can help someone here... I co...
by Bud
Mon Aug 28, 2017 5:18 am
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 40
Views: 6341

Re: Real estate vs stock market returns: some unbiased numbers

In my experience, the real estate market is not as efficient as the financial markets. That means that if you are willing to do the work, you can find real estate of all types that will produce higher returns. One reason for this is that there are any number of opinions about what a property is wort...
by Bud
Fri May 26, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on REITs
Replies: 66
Views: 9374

Re: Larry Swedroe on REITs

Um, REITs aren't overvalued at all. Their price to book ratio is LOWER than their ten year average and their FFO valuation is just barely above the average level. If anything, REITs are in way better shape fundamentally than the broad market. https://ibb.co/dQviXa https://ibb.co/gktsQv This... REIT...
by Bud
Thu May 04, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: Crowd funded real estate?
Replies: 36
Views: 5166

Re: Crowd funded real estate?

My 5 yr REIT mutual fund investment (XIRR) is 9.3%, 10 year, which includes the correction of 2008-2009, is 6.3%. My research on crowdfunding shows that it is difficult to surpass those results over the long term and thus, it is better to us REITs rather than crowd funding.
by Bud
Sun Apr 23, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: Any Pale Moon users?
Replies: 6
Views: 1032

Re: Any Pale Moon users?

I have used SRWare Iron for years. It is google chrome with the tracking scripts removed. Any chrome extension will work with it. I am concerned with google tracking my browsing, which I see as an invasion of privacy. I am not familiar with Pale Moon, but it sounds like a similar idea based off of M...
by Bud
Sat Apr 15, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: How does family of 4 spend $1,500/mo on groceries?
Replies: 25
Views: 2577

Re: How does family of 4 spend $1,500/mo on groceries?

By comparison, my family of six spends about $800/ month on groceries and $100-150 on eating out.

Grocery shopping is a skill - it takes practice and interest to do it well.
by Bud
Sat Apr 15, 2017 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 10808

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Currently, the best I can find is $200 for checking + $150 for savings = $350. Is the $500 available via a special link?
by Bud
Fri Apr 14, 2017 4:44 am
Forum: Personal Finance (Not Investing)
Topic: 20yr fixed, 30yr fixed, or 7/1 ARM
Replies: 48
Views: 4493

Re: 20yr fixed, 30yr fixed, or 7/1 ARM

Simple answer - without more details, a 20 year loan is the best purchase point. The interest rate is lower, the payments not too much higher, the time horizon more realistic if you do stay longer for some reason but the pay down is better if you do cash out after 5 years.
by Bud
Mon Apr 10, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling Capital One credit card
Replies: 10
Views: 1473

Re: Canceling Capital One credit card

Thank you for all the well thought out responses. I appreciate the input.

I will probably keep the card :).
by Bud
Mon Apr 10, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling Capital One credit card
Replies: 10
Views: 1473

Canceling Capital One credit card

Any downside to canceling my Capital One Credit Card? At the end of last year, I found out that I would be doing more international travel so I obtained a Capital One Credit Card because they have no foreign transaction fee. Almost the same day the card arrived in January, Amazon Chase cancelled the...
by Bud
Wed Apr 05, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 30687

Re: Low-earners- What is your profession?

My AGI was 48K for 2016 with four children in high school and under.

My wife and I have worked in the non-profit sector for 25 years and probably could get 4x or more in the private sector but we enjoy what we are doing :).
by Bud
Thu Mar 30, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Moving money between countries
Replies: 14
Views: 1663

Re: Moving money between countries

Transferwise....
by Bud
Mon Mar 13, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Want to make large auto loan payment, Chase doesn't accept credit cards
Replies: 13
Views: 3329

Re: Want to make large auto loan payment, Chase doesn't accept credit cards

I bought a car on my credit card... it depends on the bank and the seller. Some of my bills I can pay with a credit card, some I can't, again it depends so it is worth asking. If you have a Chase credit card, they may accept their own card (Like a Chase Amazon.com Visa). Or if you talk to someone hi...
by Bud
Fri Feb 24, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 9
Views: 1363

Re: Invest or pay off mortgage?

My recommendation...

Pay off a portion - like $20k - $30K, then double or even triple pay your payments. Invest the other portion conservatively.

Don't lose liquidity to pay off all the debt, unless you have trouble controlling your spending.
by Bud
Wed Feb 22, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on Time shares
Replies: 123
Views: 11453

Re: BH thoughts on Time shares

I know very little about time shares, but see ads for them in Las Vegas. Are these good to attend for "free" tickets to shows and to buy or are they ripoffs? Ripoffs... The people who I know that have timeshares weren't happy, felt that the deal was misrepresented, didn't use it as much as they exp...
by Bud
Wed Feb 15, 2017 4:51 am
Forum: Personal Consumer Issues
Topic: I want to ditch the cable company's modem
Replies: 51
Views: 5231

Re: I want to ditch the cable company's modem

Thanks for posting this... I have been thinking about this same topic for a few months.
by Bud
Wed Jan 18, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Short and Intermediate Term Bond Funds
Replies: 14
Views: 2866

Re: Short and Intermediate Term Bond Funds

adamthesmythe wrote:My only bonds are VBILX.
Yes, I second this.
by Bud
Thu Dec 15, 2016 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: [Quitting] Target Date fund
Replies: 18
Views: 3552

Re: Quieting Target Date fund

greg24 wrote:I don't like the asset allocations in the target date funds, I prefer the Life Strategy funds for similar usage.
+1 I have only used LifeStategy funds... when and if I want to change the allocation, it only takes one transaction.
by Bud
Sun Nov 27, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: Anybody regretting holding on to your REITS?
Replies: 97
Views: 14930

Re: Anybody regretting holding on to your REITS?

Slacker wrote:Hmmm, I was just buying yesterday to get my allocation back up to the proper percentage for my REITs.
This is what I do... besides monthly investments, I bought in February and a few days ago. Think long term.....
by Bud
Thu Nov 24, 2016 6:39 am
Forum: Investing - Theory, News & General
Topic: How often do you hit your rebalancing bands?
Replies: 31
Views: 3378

Re: How often do you hit your rebalancing bands?

Never hit rebalancing bands - I have all dividends go into my MM account and invest monthly from that account. About once a year I adjust my monthly investments and, occasionally, when a category has a bad stretch, buy more of that category.
by Bud
Thu Nov 17, 2016 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped using Credit Card
Replies: 8
Views: 1316

Re: Stopped using Credit Card

Cancelling a credit card shouldn't impact your credit score when you tell them to clearly state that the account was closed due to the customer's request. I recently cancelled a card that I didn't use anymore and told them to make sure that was clearly stated as the reason the account was closed. My...
by Bud
Sun Oct 30, 2016 10:11 pm
Forum: Personal Consumer Issues
Topic: Looking for a simple wristwatch/pedometer
Replies: 19
Views: 2137

Re: Looking for a simple wristwatch/pedometer

Answering the original poster's question...

I use the Garmin VivoFit 2

Waterproof
1 yr battery life
watch function
the app is easy to use
decent price, $60 on Amazon

All the best.
by Bud
Wed Oct 05, 2016 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: The 3 D's: Debt, Dave, Depression (mild)
Replies: 45
Views: 5435

Re: The 3 D's: Debt, Dave, Depression (mild)

I took out a loan for cash flow reasons. At the time, I had up to six months after graduation to repay it without any interest, which I did. Essentially, by taking such a loan, you "buy" yourself time to think about your finances and cash flow with an option to repay with no penalty. I am not sure w...
by Bud
Tue Apr 26, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3840

Re: Part Time MBA - Deducting Expenses

Thanks for this info... I wasn't aware of this.

I am currently working on my PhD and this will be very helpful!
by Bud
Sun Mar 27, 2016 6:35 am
Forum: Investing - Theory, News & General
Topic: Hedging Foreign Currency: 0%, 50% or 100%?
Replies: 27
Views: 3670

Re: Hedging Foreign Currency: 0%, 50% or 100%?

Living in a foreign country and investing in a couple of countries, hedging is of interest to me. If you hedge, you take away the currency risk. As someone mentioned, you may "lose" out if exchange rates fluctuate higher, but the reason to hedge is to reduce this risk. This is often why business nor...