Search found 156 matches

by Bud
Fri Sep 06, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 3637

Re: Can it get better than 15 year fixed mortgage at 3%?

Just checked Aimloan today... quotes down to 2.5% for a 15 yr loan. My current rate is 3.375. Closing costs rise for lower interest rate loans, but they are worth if you plan to stay put for a few years.
by Bud
Wed Aug 28, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 52099

Re: GEICO auto rates vs. USAA: too good to be true?

Used GEICO for several years ... then I got a quote from Kentucky Farm Bureau which was way lower. Now I have car and hone owners thru KFB and save a couple thousand/ yr.

When I checked recently, GEICO was close and other companies were not competitively priced.
by Bud
Tue Jul 16, 2019 9:20 am
Forum: Personal Investments
Topic: Bond question: VBTLX vs VBILX
Replies: 20
Views: 2442

Re: Bond question: VBTLX vs VBILX

As mentioned above, VBILX consistently outperforms VBTLX because of the slightly longer duration. It varies, but it is about 7 yrs vs 5 yrs. VBTLX also has a greater variety of bonds. Practically speaking, no bond mutual fund holder knows what types of bonds they hold in their mutual fund, for the m...
by Bud
Wed Jul 10, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 6588

Re: Automatic Watches

I received a Citizen Ecodrive Atomic Watch as a gift. Found out it was bought on sale for $220. Once it is set, it will always keep the correct time. It stopped once because it was in a dark drawer out of sunlight but I put it in the sun for about 3 hours and it reset itself to the correct time. It ...
by Bud
Fri Jun 28, 2019 6:53 am
Forum: Personal Investments
Topic: Sold one of two houses. Pay off the other house?
Replies: 18
Views: 1704

Re: Sold one of two houses. Pay off the other house?

Pay off the loan...

The reason for this is that you are posting for your relative which probably means they don't know much about investing although I could be wrong. The safe bet is to pay of the loan.

All the best...
by Bud
Mon Jun 03, 2019 7:50 pm
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3645

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

35-40%.

Direct ownership of real estate can provide high returns when done correctly, but it isn't for every one.
by Bud
Mon May 27, 2019 2:12 pm
Forum: Personal Consumer Issues
Topic: tankless water heater?
Replies: 37
Views: 3756

Re: tankless water heater?

Installed tankless in two on my homes - they work great! Mine are electric and they seem to reduce the electric bill so far. Make sure your electrical panel can handle them. Also you may want to install a water filter in line to help preserve the tankless heater if you have lots of sentiment or mine...
by Bud
Fri May 24, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth refinancing?
Replies: 16
Views: 1525

Re: Is it worth refinancing?

I spent quite a bit of time checking into refinancing over the last year. Here is what I found out. For the borrower, the best solution is to add to your current payments to pay down your loan as quickly as possible. Virtually every scenario I ran showed this as the best solution for reducing debt. ...
by Bud
Thu May 23, 2019 8:34 am
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1256

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

Yes, that is one way to consider it. Like most things, there are various ways to consider the benefits and drawbacks. For mortgage payoff evaluation, I like to think concretely. "Would I borrow X (The payoff amount of your mortgage) at 2.75% today to invest in my MM account?" Make your adjustments b...
by Bud
Thu May 23, 2019 4:32 am
Forum: Personal Investments
Topic: Want to add REITs to portfolio… but how much and which funds?
Replies: 16
Views: 2260

Re: Want to add REITs to portfolio… but how much and which funds?

Long time listener, first time caller. I would like to add REITs to our retirement portfolio and I would appreciate your advice on: - What % should I add in? - What should my new AA be? (currently I’m at 80/20 stock/bond — details below) - Which Vanguard REIT fund(s) do you recommend? The reason I'...
by Bud
Wed May 15, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Invest or Payoff Home
Replies: 38
Views: 3038

Re: Invest or Payoff Home

yep, pay off the mortgage or at least pay half of it. I just had a 5% mortgage I paid off and now I wonder why I waited so long. I pulled my money from my Intermediate Bond Index Fund which was yielding 2.89%.
by Bud
Tue May 14, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7194

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

for the first 40 years of life I had no credit card, then for the next 10 years I had one credit card.... only in the last five years have I had multiple cards and my credit was always fine. If you don't use credit, you don't need a credit card :). Some would consider the concerns associated with ha...
by Bud
Mon May 13, 2019 4:22 am
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 7448

Re: Reversion to the Mean Is Dead?

John Bogle "Reversion to the mean is the iron rule of financial markets". Here are some articles to help understand why he thought this was an important concept for investing, even for those doing index investing. https://vanguard.com/bogle_site/lib/sp19980129.html https://vanguard.com/bogle_site/sp...
by Bud
Fri May 10, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Vacant Lake Lot. Sell or Hold?
Replies: 54
Views: 3286

Re: Vacant Lake Lot. Sell or Hold?

another perspective from the sunk cost viewpoint - knowing what you know now, would you but that property for $85k in your current situation? If the answer is no, then sell. If the answer is yes, continue to hold.
by Bud
Fri May 10, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Rental Bidding War
Replies: 20
Views: 2871

Re: Rental Bidding War

As a landlord, make your application stand out. The best financial ways are to offer to pay in advance or demonstrate that you have long term security in a well paying job. A good non-financial way to make your application stand out - if you are involved in volunteer work for non-profits or serve on...
by Bud
Sun Apr 28, 2019 8:42 pm
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3370

Re: pay down mortgage vs. invest in taxable?

Tomorrow I will pay off a remaining $73k mortgage. My interest rate is 5% and so the decision was easier. One way to think about the question of paying off a mortgage is to ask yourself if you would borrow money at x% to invest in the market. Home or investment property loans are also a different ty...
by Bud
Thu Jan 10, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 15013

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

Not much to add, but my story is... Income mostly in the 60's-70's, three decades working in the non-profit sector, four kids, one wife :). No debt except mortgage - no school loans, no car loans Figure what you need first, then add what you want simplicity pays dividends Frugal - why buy name brand...
by Bud
Mon Jul 23, 2018 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for credit card
Replies: 35
Views: 3051

Re: Turned down for credit card

https://www.creditcards.com/no-credit/ Do a google search for 'credit cards for no credit history' or other similar searches. I recently moved to the States after living overseas for many years and faced a similar situation. shop around but you probably won't need to move you account if you are happ...
by Bud
Wed May 09, 2018 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 116
Views: 23190

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: 2774

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: 71
Views: 10365

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: Personal Investments
Topic: Is it a good time to invest in Vanguard Intermediate-Term Bond fund?
Replies: 18
Views: 4106

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: 2089

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: 3817

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: Personal Investments
Topic: Impending market correction
Replies: 28
Views: 2418

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: 927

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: 432

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: 1439

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: 4777

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: 3797

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: Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 6858

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: 5588

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: 7726

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: Personal Investments
Topic: This is clearest picture of why diversifying is priority!
Replies: 29
Views: 6855

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: 190
Views: 16330

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: 191
Views: 23423

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: Non-US Investing
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 4801

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: Non-US Investing
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 4801

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: 1056

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: Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 14489

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: 6510

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: 5585

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: 33692

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: 53
Views: 9736

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: 10268

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: 7251

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: 1157

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: 2932

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: 11712

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?