Search found 1170 matches

by harikaried
Sun Jun 18, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why do we need an emergency fund?
Replies: 70
Views: 4050

Re: Why do we need an emergency fund?

Not sure if it counts as an emergency fund, but we keep about 3 months of expenses as cash in a checking account. We also use it to cover infrequent or one-time expenses. Like insurance, it provides some peace of mind if for some reason income is low or expenses are high. It also lets us fund IRAs a...
by harikaried
Wed Jun 14, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Management Account--any real life experience you can share?
Replies: 31
Views: 4854

Re: Fidelity Cash Management Account--any real life experience you can share?

But I keep hearing that the Fidelity CMA is somewhat slow to clear check deposits. That may not be an issue for some folks but maybe it is for others. The speed of deposits seems to be based on the deposit size as well as average balance and transactions in the account. Before we started using the ...
by harikaried
Tue May 16, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 12141

Re: Will cars be autonomous in three years?

Apparently not only will cars be autonomous, there won't be any more fossil-fuel vehicles sold in 8 years according to a report from a Stanford economist: https://www.rethinkx.com/s/RethinkX-Report_051517.pdf Basically the report says that most miles traveled with be via on-demand autonomous electri...
by harikaried
Mon May 15, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Adblockers
Replies: 14
Views: 1314

Re: Adblockers

This was with a so called "private window" on the latest Firefox browser Are you doing any browsing outside of Private Browsing? Firefox turns on Tracking Protection by default in Private Browsing, but you can also enable it for regular browsing: https://support.mozilla.org/en-US/kb/track...
by harikaried
Mon May 15, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

that it assumes the entire cost of the roof rather than just the solar-related portion is eligible for a tax credit Well, that's very easy to check. Put in a roof of 1000sqft and here are the tax credits based on percentage of solar on roof: 0%: $0 tax credit 10%: $1,300 tax credit (roughly 30% of ...
by harikaried
Mon May 15, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

Using the numbers from before of $5/sqft asphalt, $55/sqft asphalt+solar panel, $11/sqft Tesla non-solar tile, $42/sqft Tesla solar tile; assuming the same solar efficiency (unknown), if one were wanting to replace the whole roof and add solar, it would be cheaper to go with Tesla tiles if more than...
by harikaried
Fri May 12, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

Depends on your electricity rate? And also geographic location? Additionally, it seems very dependent on net metering, which is a risky thing to expect to be favorable in 30 years. Just picking random addresses in each state with a 50% coverage of 2000sqft roof and no Powerwalls unless specified (i...
by harikaried
Thu May 11, 2017 7:45 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront Portfolio Line of Credit
Replies: 5
Views: 898

Re: Wealthfront Portfolio Line of Credit

Wealthfront made a blog post yesterday talking about the advantages of its line of credit: https://blog.wealthfront.com/advantages-wealthfront-portfolio-line-credit-traditional-home-equity-line-credit/ Although some things don't seem to line up. From the blog: "This is why we only allow you to ...
by harikaried
Thu May 11, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

Solar installers are notorious for being overly optimistic in their projections. Tesla directly addresses that in their blog: https://www.tesla.com/blog/solar-roof In doing our own research on the roofing industry, it became clear that roofing costs vary widely, and that buying a roof is often a wo...
by harikaried
Thu May 11, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

How do they assume savings using a powerwall? Playing around with the calculator with different addresses seems to show adding Powerwalls have no effect on "Value of energy" for California (where there's net metering). Whereas for Nevada (no net metering), adding the first Powerwall will ...
by harikaried
Thu May 11, 2017 4:51 am
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 81
Views: 8123

Re: Tesla Solar Roof

Tesla's pricing is $11/sqft for non-solar tiles and $42/sqft for solar tiles. This means the net cost for solar is an extra $31/sqft. These are without factoring tax incentives. With the 30% incentive, the solar tiles are about $30/sqft (which means you effectively get to apply the incentive towards...
by harikaried
Wed May 10, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: Solar City Sales-pitch
Replies: 50
Views: 8230

Re: Solar City Sales-pitch

Tesla (SolarCity) just updated their solar roof page to have a calculator estimating roofing cost and energy value: https://www.tesla.com/solarroof For non-solar tiles, it looks like $11/sqft for removal, materials, installation. For solar tiles, it's $42/sqft. If one needs to replace the roof befor...
by harikaried
Mon May 08, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401K help
Replies: 10
Views: 646

Re: Fidelity 401K help

FID 500 INDEX INST (FXSIX) 02/17/1988 Stock Investments Large Cap 0.035% No additional fees apply. VANG TOT BD MKT INST (VBTIX) 12/11/1986 Bond Investments Income 0.04% No additional fees apply. Those two will be great for your US stocks and bonds. You can then put your international stocks in Roth...
by harikaried
Fri Apr 28, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Largest Funds by AUM
Replies: 14
Views: 829

Re: Largest Funds by AUM

Someone edited the Wikipedia page back in 2007 if you trust that data:

https://en.wikipedia.org/w/index.php?ti ... on=history
by harikaried
Thu Apr 27, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 14033

Re: [Advice needed for mother's inheritance/finances.]

The inherited IRA is allocated to 60 % stocks and 40 % bonds and my mom states that she is comfortable with this. Have you looked at Vanguard Balanced Index Fund Admiral Shares (VBIAX)? https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=0502 Holdings consist of 3365 stocks an...
by harikaried
Wed Apr 26, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

they need to read the fine print very carefully. … the early payoff penalty seems to have become more prevalent in the last few years than it used to be in the past. I was about to say it's just a checkbox on the HUD-1 GFE, but then I seem to recall those forms changing recently as well… Maybe thin...
by harikaried
Wed Apr 26, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

But when a lender pays you cash back ("negative points") or raises the rate to pay for closing costs or LPMI, they're not going to give you a free gift with no strings attached. They're effectively loaning you the extra money, so they will almost always have a minimum time with a prepayme...
by harikaried
Tue Apr 25, 2017 2:22 am
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 14033

Re: Advice needed for mother's inheritance/finances.

Mother's assets with current financial advisor: She also has approx 500k sitting in her personal bank account. Just making sure, there aren't any other accounts that weren't managed by the advisor? We have done our research and we both thought a good place to start was to transfer the personal IRA ...
by harikaried
Mon Apr 24, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 12141

Re: Will cars be autonomous in three years?

Autonomous vehicles offer little, if any, benefit over human control in these types of situations. There should be at least a few significant benefits over human control in these "wild out of control driver" situations: awareness, responsiveness, and control. Ideally the autonomous vehicl...
by harikaried
Mon Apr 24, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

I compared a rate of 3.75% vs. a rate of 3.875% with $1313 cash paid to the buyer at closing. Another thing to consider is that purchase loans tend to have higher rates from the effective of "negative points" to cover the larger closing costs, e.g., transfer tax, additional title charges....
by harikaried
Mon Apr 24, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

Just making up some numbers for comparison: $100k loan at 3% amortized 30 years is $422/mo with $52k interest paid over 30 years with $11k interest after year 4. If instead at 3.25%, monthly payments increase by $14/mo with $5k extra interest over 30 years with $1k extra interest after year 4. This ...
by harikaried
Mon Apr 24, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 12141

Re: Will cars be autonomous in three years?

I think a distinction should be made between the speed of technological advancement and its affordability for the average person. I don't doubt the speed of technological advancement so much as I'm skeptical that such technology will be readily affordable in a short period of time. It is important ...
by harikaried
Mon Apr 24, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

One offer increases the monthly payment by $13 in exchange for a check for $1313. The other offer is an increase of $23 in exchange for a check for $2422. In both cases, it looks like the naively-computed breakeven mark is around 100 months (8 years, 4 months). In reality, it's probably even longer...
by harikaried
Mon Apr 24, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 2814

Re: "Negative points" on mortgage

For our most recent home purchase, we tried to get as much negative points as possible as long as the rate increase per negative point was reasonable. One thing to make sure is that the negative points can be used towards principal curtailment, i.e., if the credits exceed closing costs, it can be us...
by harikaried
Mon Apr 24, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1824

Re: Solo 401k recommendations?

Can you buy regular stocks with a Vanguard account? For one of our Fidelity Solo 401k accounts, we bought the commission-free ETFs (iShares) before realizing their mutual funds have a minimum of $500 instead of the usual $2500 when purchased in the Solo 401k. If the stock isn't on the commission-fr...
by harikaried
Mon Apr 24, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1824

Re: Solo 401k recommendations?

Here's the wiki page about Solo 401k: https://www.bogleheads.org/wiki/Solo_401(k)_plan Main features to consider when choosing: ⋅ investment options? ⋅ contribution method? ⋅ rollovers? ⋅ Roth? ⋅ loans? We use Fidelity as most of our accounts are the...
by harikaried
Mon Apr 24, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 12141

Re: Will cars be autonomous in three years?

Will most cars become autonomous drivers over the next three years? Why are you asking about most cars being autonomous? It would be similar to asking, should you hold off on index funds until most people are using it. If Vanguard is providing something that you want, you would likely just go ahead...
by harikaried
Mon Apr 24, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 225
Views: 12141

Re: Will cars be autonomous in three years?

Not a chance of that happening. Tesla, unprofitable even with massive government funding and favoritism, will hopefully be out of business by then. Is this opinion targeted only towards Tesla? A good chunk of "massive government funding" was as loans that they've repaid with prepayment pe...
by harikaried
Tue Apr 18, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

529 comes with penalty. Ira has big tax bill. After going through estimating the tax effects of withdrawing the 529 on Form 5329, the "additional 10% tax" line got me thinking about the IRA tax in that we would be most likely paying 25% tax if not 28% tax on the inherited RMDs. This means...
by harikaried
Thu Apr 13, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

That said, here are a few tips: - you need to call your/her 401k plan sponsor to make sure you can still contribute to the 401k WHILE you are in payback mode. In our situation, I know it sounds silly, but we upped our contribution to makeup for any lost earnings (or at least mitigate the lost earni...
by harikaried
Mon Apr 10, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

If the "appraisal comes in low" don't you want think hard about buying the home at the offer price? Is it a given for you that you'll buy regardless? Yes, we'll be buying the property even with a lowish appraisal as we'll expect to make more on it. And the rates are what they are for this...
by harikaried
Mon Apr 10, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

529 comes with penalty. Ira has big tax bill. While it's true we would be paying a penalty that we wouldn't have otherwise paid, the total cost of accessing that money is pretty low if you think of it spread over 10 years, so $400/year or maybe thinking of it like an 0.83% 1-(1-($4k/$50k))^(1/10) e...
by harikaried
Mon Apr 10, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 73
Views: 12311

Re: Switching to Fidelity's new Total International Index (includes small cap!)

Both Total International index funds from Fidelity (FTIPX) and Vanguard (VTIAX) appear to be slightly lagging FSGDX (ex-US large), which makes sense as VSS (ex-US small) is more significantly lagging. If your decision is to include more international small cap, then FTIPX/VTIAX are easy ways to get ...
by harikaried
Sun Apr 09, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Re: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

In my opinion, the main arguments against making a bigger down payment are the same consideration as for the "pay down mortgage v invest" debate: opportunity cost, taxes, and diversification. The arguments are similar, but the main difference is paying down a mortgage usually doesn't resu...
by harikaried
Sun Apr 09, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?
Replies: 10
Views: 841

Getting additional downpayment: brokerage, 401k, 529, HELOC, IRA?

We had been planning for 20% down, but in the case that the appraisal comes in low, or if it makes sense to just put additional down, what sources should we get that money from? For some background, we max our retirement accounts (401ks and IRAs) and are at the edge of 25%/28% the tax brackets. The ...
by harikaried
Tue Mar 28, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

How well did his past lofty claims hold up? What did he say 2 years ago about 2016? Elon or Tesla? Well 3 years ago February, Tesla announced the Gigafactory before the Reno/Sparks, Nevada location had been finalized. In their introductory announcement, they planned for 2017 "Production Launch...
by harikaried
Tue Mar 28, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

With Tencent putting $1.7 billion cash into Tesla for 5% stake, it seems less likely that Tesla will be running out of cash anytime soon given Tencent's continued interest in helping Tesla succeed and expand in China. Jim Cramer: The Tesla Bear Story Is Over Ars Technica: Tesla sells 5 percent stake...
by harikaried
Mon Mar 27, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22778

Re: Tesla Model 3 or Chevy Bolt?

Currently the best and most efficient batteries are made up of Lithium and plus another material Curious, why the focus on lithium when it's barely a couple percentage (~2%) by volume of the battery? Sure, there will be increased demand for it, but how about all the other materials that go into a b...
by harikaried
Sun Feb 26, 2017 2:31 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

You and most people have no interest in 100% EV. Don't feel alone. You are the 98%. Not sure if you just made up "98%" but that's not too far from actual survey results from December: http://ngtnews.com/survey-lack-of-awareness-high-costs-hamper-ev-adoption The survey had 3% of respondent...
by harikaried
Sun Feb 26, 2017 2:13 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

But a pure electric? Way too dependent on infrastructure for me. When Mad Max times come, I need to be able to cross the country. Isn't a part of Mad Max's story about the dependence on fuel leading to theft and violence? If anything, gas has quite an involved infrastructure today from extraction, ...
by harikaried
Sat Feb 25, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

Tesla has also decided to change the battery format to 21-70. So a new battery design is planned for this new factory!!! I suggest this new battery will be the gull wings doors of the Model 3. The battery yield will crash and the long term quality will give them fits. So then the output will sag an...
by harikaried
Sat Feb 25, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

This situation seems really convoluted and my intuition is that there are some important facts being omitted from the summary. None of the options listed make much business sense for you. It's limited upside with huge potential downside. Can we try to quantify these risks, upsides, downsides? For r...
by harikaried
Fri Feb 24, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Are there any good funds with <$1,000 minimum purchase requirement?
Replies: 6
Views: 479

Re: Are there any good funds with <$1,000 minimum purchase requirement?

Her HSA is with Fidelity, and so far only has $1,000 in it. There are some great funds in Fidelity, but most require at least $2,500 minimum Try talking to Fidelity. Earlier this week, I called to place a buy order for a Fidelity Investor Class mutual fund where the account had under $1000. The acc...
by harikaried
Fri Feb 24, 2017 3:30 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 11543

Re: risk of my Tesla deposit

letsgobobby wrote:That implies up to $12 billion in cash outlay and at some level the future that far out is hard to predict.
I agree it would be hard to predict, so how did you come to use a linear extrapolation? Maybe they underestimated by 10% or 50%, but you're suggesting being off by 300%?
by harikaried
Thu Feb 23, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

It seems to me, then, that the efforts of this busiess might be best served in finding, negotiating office space that is no higher than "market rate". Indeed. I guess I didn't mention it, but that has been ongoing for a few months, so a new lease might just be what ends up happening. We s...
by harikaried
Thu Feb 23, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

Why is the business paying higher than market rates for space?? Why do some people pay higher than market rates on their own mortgages or rent? There's inertia and additional work to find another location, refinance, etc. That's one of the downsides of leasing/renting in general as your rates might...
by harikaried
Thu Feb 23, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

You could buy the building and lease it to them, possibly at below market rates (seek tax advice) The business has been around for years and paying higher than market rates, so that's why there's some desire for the business to move. If we bought the building, there shouldn't be a need to charge lo...
by harikaried
Thu Feb 23, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

And you want to start with a $1 million office building? :confused Some people (perhaps more likely in the California Bay Area), start with residential rentals at that price with less certainty about who will be using the property. Sure, I suppose having a primary residence might better prepare som...
by harikaried
Thu Feb 23, 2017 1:39 am
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

Why would they want to get into real estate instead of their core business? Ah. Good point in general. ;) I suppose one thing to note is that this business' core business is closely related to commercial real estate, but they are able to and have been doing fine for the last several years just leas...
by harikaried
Wed Feb 22, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1610

Re: How to help a friendly business with office space?

StevieG72 wrote:Why do you want to get involved?
Perhaps hinted by our comfort of just breaking even, we want to help the business succeed and believe they are good for the community. As an extra benefit, if there is extra space, we can make use of it for other activities.

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