Search found 5749 matches

by inbox788
Wed Jan 16, 2019 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 10747

Re: Biggest Investment Mistake

RJC wrote:
Fri Jan 11, 2019 3:04 pm
I bought a fancy Honda Prelude as well back then. It was the thing to do after college and getting that first job. :oops:
That fancy Honda Prelude was the second biggest mistake of my life. Helped me meet my first biggest mistake of my life. :oops: :oops:
by inbox788
Wed Jan 16, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 28
Views: 2907

Re: Further diversifying the 60/40 portfoilio?

Market cap weight is closer to 40/60 US/Ex-US I believe but to your note of 50/50 being more diverse than 100% ex-US, I believe half the revenue generated by public companies comes from the US. I've looked around for a number or formula that quantifies diversification, but have failed. But even tho...
by inbox788
Wed Jan 16, 2019 3:22 am
Forum: Investing - Help with Personal Investments
Topic: Med student asking for portfolio help!
Replies: 11
Views: 1016

Re: Med student asking for portfolio help!

Desired Asset allocation: 80% stocks / 10% bonds / 10% REIT Desired International allocation: 25% of stocks Taxable 16.8% Vanguard Total Stock Market Index (investor shares) (VTSMX) ER 0.14 2.5% Pieris pharmaceuticals (PIRS) 401k 3% company match 9.5% Fidelity Freedom 2055 (FDEEX) ER 0.75 Roth IRA ...
by inbox788
Tue Jan 15, 2019 9:35 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 28
Views: 2907

Re: Further diversifying the 60/40 portfoilio?

Buying a few pieces of art, wine, or cryptocurrency (let alone land in Antarctica) is quite different than a fund containing 10,000+ companies outside the US. I would be interested to see any way you can state that holding Total US Stock (~3000 companies) is more diverse than holding any amount of ...
by inbox788
Tue Jan 15, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 28
Views: 2907

Re: Further diversifying the 60/40 portfoilio?

I don’t feel you can even begin to look into diversification until you hold a >20% (of equity) stake in International. I'm not disagreeing with the international stake (opinions and numbers here vary wildly). I just want to point out that when you "diversify" into something else, you're "undiversif...
by inbox788
Tue Jan 15, 2019 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 76
Views: 7184

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

This post does not address the value in paying off a mortgage early but rather the choice to specifically take out a 30 year mortgage when one intends to pay it off in 15 years. I've heard people say many times that they were paying off their 30 year mortgage in 15 years, and I've also heard this s...
by inbox788
Tue Jan 15, 2019 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Term life insurance with indeterminate premium contract form?
Replies: 13
Views: 696

Re: Term life insurance with indeterminate premium contract form?

All of that is correct, standard stuff here. Term policies don't just end after the term, you have the option of keeping the policy but the premiums go up every year after the term ends. The 57 years is probably because that is when you turn 95 or 100 years old. This sounds like some regulatory com...
by inbox788
Mon Jan 14, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 28
Views: 2907

Re: Further diversifying the 60/40 portfoilio?

Long term Treasuries China A-Shares Emerging market bonds Would you care to explain why you recommend these options? Thanks very much. All three examples exhibit low correlation with the US stock market. In the case of long Treasuries, the correlation has even been negative over the past 20 years o...
by inbox788
Mon Jan 14, 2019 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Scammed into Cash Value Life insurance, now what?
Replies: 5
Views: 870

Re: Scammed into Cash Value Life insurance, now what?

Who paid past premiums? Who is the beneficiary? What are remaining premiums? Any suggestions on how to invest this $120k? If I could get 4% return I would be happy. I was thinking a brokerage account with a robo-advisor like betterment and go with a conservative AA of 35 bonds/65 stocks (I know bett...
by inbox788
Sun Jan 13, 2019 3:23 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Personal Choice Retirement Account
Replies: 14
Views: 726

Re: Advice on Personal Choice Retirement Account

I recently learned that I have the option to open a PCRA (personal choice retirement account) through Schwab for my 401k investments. I currently am paying 36 basis points in advisor fees for my 401k, which I have invested entirely in the Vanguard 500 Index Fund Admiral Shares (VFIAX, ER 0.05). My ...
by inbox788
Sun Jan 13, 2019 2:54 am
Forum: Personal Consumer Issues
Topic: Large SUV
Replies: 75
Views: 6290

Re: Large SUV

2014 IIHS death rates Honda Odyssey 8 Suburban XL 1500 4wd 39 Honda Civic 39 Jetta 26 So that big ass Suburban is 5x as deadly as a Odyssey and about as safe as a Civic. The Jetta is safer than the suburban:) And yes that is a bit of an abuse of the IIHS.org dataset but the general idea of bigger b...
by inbox788
Sat Jan 12, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 153
Views: 11737

Re: Around 43K in dividends last year - feel good about it ?

My portfolio threw around 43K total dividends in 2018 ( was around 36K in 2017). Around 14 k is taxable. This number does not include cap gains distribution by mutual funds. On one hand it feels good to see this stream of income coming in , but on the other I am still down by 90K for 2018 even afte...
by inbox788
Sat Jan 12, 2019 8:30 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4277

Re: Are REITs better to purchase when interest rates are high or low?

American Tower owns the land. Data Storage owns the land and buildings. That’s real estate. You can look at it that way, but it's a lot more nuanced than that. These REITs often don't own the land, but lease it from the owners. The industry is sliced and diced a whole lot more than you might think....
by inbox788
Sat Jan 12, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4277

Re: Are REITs better to purchase when interest rates are high or low?

All it buys you is the ability to ratchet risk up and down, but there are plenty of ways to achieve that with securities, so it’s not a net gain for RE investors. Of course REITs are “investing in real estate”and to suggest otherwise is absurd. The securitized nature of REITs adds a layer of liquid...
by inbox788
Sat Jan 12, 2019 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1093

Re: VTI to VTSAX... taxable event?

I'm sure Vanguard COULD provide tax-free conversion from ETF to Admiral etc. but they don't. So yes, it would be a taxable event. If it's a loss, it would be interesting to see what Vanguard would do. The law wouldn't require them to report a wash sale, but there's a high probability that it would ...
by inbox788
Sat Jan 12, 2019 1:53 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4277

Re: Are REITs better to purchase when interest rates are high or low?

A look at the Callen Periodic Table will help you understand what you're dealing with. https://www.bogleheads.org/wiki/Callan_periodic_table_of_investment_returns https://www.callan.com/wp-content/uploads/2019/01/Classic-Periodic-Table-2019.pdf And not all REITs are the same, with some specializing ...
by inbox788
Sat Jan 12, 2019 6:04 am
Forum: Investing - Help with Personal Investments
Topic: I inherited individual stock. Should I sell it now or wait?
Replies: 28
Views: 2249

Re: I inherited individual stock. Should I sell it now or wait?

Inherited stocks get a "stepped up" cost basis (see Wiki... https://www.bogleheads.org/wiki/Step-up_in_basis). So, unless the stock has significantly appreciated since the date of your father's death, there will be no capital gains taxes. Agree with selling sooner, rather than later. Is it possible...
by inbox788
Fri Jan 11, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Covered Calls on Portfolio
Replies: 10
Views: 625

Re: Covered Calls on Portfolio

Just go in small and build up from there. I did it for years quite profitably but it takes patience and you get tense because stock prices do not rise or fall monotonically. They always yoyo. So, now that I am in my mid 70s I decided to stop. My typical trades went as follows: Buy $1 million $ of S...
by inbox788
Fri Jan 11, 2019 2:58 am
Forum: Personal Finance (Not Investing)
Topic: Covered Calls on Portfolio
Replies: 10
Views: 625

Re: Covered Calls on Portfolio

Does anyone here sell covered calls on their long-term investments through Vanguard? I am in a lower tax bracket so selling covered calls looks like a decent way to produce some income on long-term holdings but I do not have much experience selling options. Any resources or advice is appreciated. Y...
by inbox788
Thu Jan 10, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Building Wealth Through Home Equity--Myth or Reality?
Replies: 94
Views: 6045

Re: Building Wealth Through Home Equity--Myth or Reality?

The premise seems to be that most Americans acquire the majority of their wealth through home ownership. The median US household value of all financial accounts (retirement and non-retirement) is around $16,000. So it is not surprising that household wealth is in home equity for most, given that ev...
by inbox788
Wed Jan 09, 2019 7:05 pm
Forum: Investing - Theory, News & General
Topic: ESPP Purchase/Sale Specifics
Replies: 11
Views: 733

Re: ESPP Purchase/Sale Specifics

Since the same idea may apply for several thousand employees (22k total) all trying to do the same thing at the same time, has anyone seen a situation where the first trading day of the New Year has resulted in a gap down situation which could erode a good portion of that potential 15% or more gain...
by inbox788
Wed Jan 09, 2019 6:55 pm
Forum: Personal Consumer Issues
Topic: Opinions on 2019 RAV4 and/or 2019 Santa Fe
Replies: 23
Views: 1788

Re: Opinions on 2019 RAV4 and/or 2019 Santa Fe

I'd have to update myself on the Santa Fe, but isn't it a bigger? Kind of inbetween CRV and Pilot, so maybe compare to Highlander also. Also, don't forget new Passport that now fills gap and might be closer comparison. FWIW, my neighbor who's owned a Santa Fe for about a decade and was happy wound u...
by inbox788
Wed Jan 09, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Leasing a car
Replies: 27
Views: 2702

Re: Leasing a car

When a relative passed in 2013, in early 2014 we contacted the luxury brand (Lexus?) directly and told them we wanted to turn the car in. They repeatedly asked where it was , we repeatedly declined to answer and offered to bring it to a local dealer. Since they didn't have a physical address for th...
by inbox788
Wed Jan 09, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Keeping old statements from closed accounts
Replies: 22
Views: 1897

Re: Keeping old statements from closed accounts

Is there any reason at all to keep statements from old retirement accounts that have been closed? I think the short answer is NO! They annoy me because they are reminders of how much we paid in fees back then when we were locked into bad employer plans! Keep them! Frame them! Maybe frame just one! ...
by inbox788
Wed Jan 09, 2019 1:32 am
Forum: Personal Consumer Issues
Topic: Recommend men's undershirts
Replies: 49
Views: 3494

Re: Recommend men's undershirts

If budget isn't a consideration, give Saxx a try. I might someday.

https://www.saxxunderwear.com/collections/tops
by inbox788
Tue Jan 08, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Down an Interest-Only ARM
Replies: 9
Views: 768

Re: Paying Down an Interest-Only ARM

I assume you're making good income and your job is relative secure. You basically have a 5 year 2.25% loan, and to replace that today, you'd be looking at 4-5%. You're paying about 2% more for 5 years or around 100k in interest in the next 5 years to secure a more predictable worst case situation. A...
by inbox788
Tue Jan 08, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: I bought a new iPad on sale...should I have?
Replies: 38
Views: 2525

Re: I bought a new iPad on sale...should I have?

Anyways, I've always thought the iPad was a cool device since it was released, but never bought one . ... It's now been at my house in the box since I've received it (the package box), and I haven't opened it. I keep thinking will I actually use it, or will I use it for a few weeks and it will just...
by inbox788
Mon Jan 07, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: $70k Salary, how much Car can I afford? Recommendations?
Replies: 22
Views: 2702

Re: $70k Salary, how much Car can I afford? Recommendations?

Never ask how much car or how much house you can afford. The way to get rich is to always buy far less car or house than you can "afford". Splurge and buy one of these cars that billionaires drive! You might become a billionaire some day and can afford it. https://www.cnbc.com/2018/08/21/9-billiona...
by inbox788
Mon Jan 07, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Help with Spam Phone calls: Non-Smart phone
Replies: 9
Views: 472

Re: Help with Spam Phone calls: Non-Smart phone

Join my CallerID+ Coalition Seriously just get another phone number unless you can live without incoming phone service for another month. Feel free to contact me for additional help. Hopefully technological like these can be implemented to stop this nonsense before people give up on their phones, b...
by inbox788
Mon Jan 07, 2019 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP - Should I or shouldn't I?
Replies: 30
Views: 1252

Re: ESPP - Should I or shouldn't I?

I'd max out. Sell immediately every 3 months. You didn't state how much commissions were - need to factor this in. Agree! https://www.bogleheads.org/wiki/Prioritizing_investments#Funding_priority OP, in your situation, I think the risk/benefit from the ESPP ranks it at 3.5 for the small amount and ...
by inbox788
Mon Jan 07, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: Help with Spam Phone calls: Non-Smart phone
Replies: 9
Views: 472

Re: Help with Spam Phone calls: Non-Smart phone

...there are spammers who actually target non-smartphones because they know they are predominantly owned by the elderly. ....She was getting about a hundred calls a day. It went on for weeks before she changed her number. These spammers are evil! If the spam suddenly increases and tapers off, it's ...
by inbox788
Mon Jan 07, 2019 2:30 am
Forum: Investing - Help with Personal Investments
Topic: High income earner with high debt.
Replies: 20
Views: 1967

Re: High income earner with high debt.

Emergency funds: None. You need some emergency cash! At least 3 months IMO. Debt: Student Loan (238k @ 4%), Car (47k @ 3.5%) Assuming these are fixed rate, take as long as you can paying them off for cash flow. Invest the savings in cash flow. Don't spend it! State of Residence: CA Move to a lower ...
by inbox788
Sun Jan 06, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: best cheap printer
Replies: 45
Views: 2314

Re: best cheap printer

I have a Brother HL-3140CW, but it looks like a newer comparable model might be the HL-L3270CDW. Thanks! I don't mind paying $200 for a machine that lasts a few years, but $70/cartridge x 4 colors for toner is quite expensive. There seems to be a generic 4 color replacement for about $70 total that...
by inbox788
Sun Jan 06, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: How often do you deep clean?
Replies: 52
Views: 2372

Re: How often do you deep clean?

My toddler often throws his sandwich on the floor if it's not up to his exacting sandwiches. It goes right back on his plate, even if the dog sniffed it. How can you expect your toddler to eat a sandwich that the dog won't even eat? :confused So what if the dog sniffed it? I'm more worried about wh...
by inbox788
Sun Jan 06, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: How often do you deep clean?
Replies: 52
Views: 2372

Re: How often do you deep clean?

All sheets are boiled (yes, boiled!) to kill off things like dust mites, then washed, then ironed. Anything textile related is steam cleaned. Curtains are pre-washed to get rid of grime, then sent to the dry cleaners. He insists on tossing out fabric chairs and getting new ones since the dust build...
by inbox788
Sun Jan 06, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9204

Re: Which Compact SUV Should I Buy?

X3 or X5 if going the lux route. Volvo is owned by the Zhejiang Geely Holding Group Co. Ltd., headquartered in Hangzhou, China. Buyer beware. Geely might be headquartered in China, however Volvo Cars is headquartered in Gothenburg, Sweden. Volvo is more Swedish now, and makes better cars then when ...
by inbox788
Sun Jan 06, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: best cheap printer
Replies: 45
Views: 2314

Re: best cheap printer

Any specific Brother Color Laser Printer model or color cartridge to choose? Are the personal ones ok to use infrequently but long term, or is it better to step up to the business units? https://www.amazon.com/s/?field-keywords=brother+color+laser Where to buy replacement cartridges? Do you print en...
by inbox788
Sun Jan 06, 2019 1:08 am
Forum: Personal Consumer Issues
Topic: Phone concierge service for seniors?
Replies: 17
Views: 1590

Re: Phone concierge service for seniors?

Your MIL transports her number to your wife. Your wife keeps 2 phones. MIL's friends now call your wife's second phone and your wife acts as the screener. Your wife uses the appropriate filtering apps. Your MIL gets a new phone number and loads it with friends phone numbers and the phone is set to ...
by inbox788
Sun Jan 06, 2019 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Verizon Internotes at 4.1%
Replies: 12
Views: 1812

Re: Verizon Internotes at 4.1%

FWIW, $233B Market Cap and 4.28% dividend yield. https://www.google.com/search?tbm=fin&q=vz They are authorized to buy back about 20% of their outstanding shares. https://www.thestreet.com/story/14026231/1/verizon-announces-100-million-share-buyback-program.html In effect, Verizon itself is borrowin...
by inbox788
Sun Jan 06, 2019 12:31 am
Forum: Personal Consumer Issues
Topic: Superautomatic espresso machines
Replies: 36
Views: 2342

Re: Superautomatic espresso machines

I've graduated from the Nespresso to semi-automatic/automatic espresso, and to me, it's a big improvement. I looked at the automatic/super-automatic machines, but the cost and size was a barrier (as well as risk and cost of repairs). Plus my grinder and coffee are probably not yet maximized yet for ...
by inbox788
Sat Jan 05, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA - is it worth filling out?
Replies: 108
Views: 5468

Re: FAFSA - is it worth filling out?

91. As of today, what is the net worth of your parents’ investments, including real estate? Do they provide a method of accounting for determining net worth or value of a real estate investment today? GAAP? non-GAAP? Liquidation value for a real estate investment may be zero or negative for a milli...
by inbox788
Fri Jan 04, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: What Sudden Needs of Cash Do You Prepare For?
Replies: 64
Views: 3593

Re: What Sudden Needs of Cash Do You Prepare For?

Maybe consider separating “emergency funds” and “saving for anticipated future expenses.” Treat an emergency fund as insurance rather than an investment, so it should be liquid. Things like 6-12 months unemployment, an A/C or car repair, etc. Anticipated future expenses would be a roof replacement ...
by inbox788
Fri Jan 04, 2019 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 7295

Re: Which Money Market account now that interest rates have gone up?

robertmcd wrote:
Fri Jan 04, 2019 5:49 pm
Use Prime Money market at Vanguard if you want a set it and forget approach
It hasn't been competitive, but now seems to be pretty good at nearly 2.5% yield. I'll consider it!

https://investor.vanguard.com/mutual-fu ... file/VMMXX
by inbox788
Fri Jan 04, 2019 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 7295

Re: Which Money Market account now that interest rates have gone up?

I've heard good things about Ally, but their MM looks like it's only at 1%. CapitalOne is now at 2%, and if you chase rates, it's even higher. https://www.nerdwallet.com/blog/banking/best-money-market-accounts/ I'm looking for a fair return on MM or other automatically returning account without hav...
by inbox788
Fri Jan 04, 2019 4:07 pm
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 50
Views: 5228

Re: Making it easier to track posts from the OP

I'm still hoping there will be an easy way to just see only the OP's posts in a thread. Still not quite what you want but this bookmarklet will remove all the posts on a page except those from the topic author. javascript:(function(){$(".post").not(":has(\".phpbb-showtopicauthor\")").css("display",...
by inbox788
Fri Jan 04, 2019 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 7295

Re: Which Money Market account now that interest rates have gone up?

I've heard good things about Ally, but their MM looks like it's only at 1%. CapitalOne is now at 2%, and if you chase rates, it's even higher. https://www.nerdwallet.com/blog/banking/best-money-market-accounts/ I'm looking for a fair return on MM or other automatically returning account without havi...
by inbox788
Fri Jan 04, 2019 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Wealth Manager
Replies: 19
Views: 1275

Re: Question regarding Wealth Manager

Which brings me to my next observation. Your wife's AUM just can't be .05%. It may be .50%, which would be quite low for a $300K portfolio. I think it should primarily be your wife's decision. If you step in and the results are poor, it may cause some distress in your relationship. A good compromis...
by inbox788
Thu Jan 03, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Time to Sell Rental Property?
Replies: 26
Views: 1640

Re: Time to Sell Rental Property?

I haven't really researched this, but prima facie I don't see the case for why anyone should buy rental property, and why anyone who has it shouldn't liquidate it ASAP. The low liquidity and lack of diversification is troubling to me. What is the positive case for going to the trouble of holding a ...
by inbox788
Thu Jan 03, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: BRK.B in 2019
Replies: 16
Views: 1796

Re: BRK.B in 2019

Not a good day for Berkshire Hathaway, down 5.5% (AAPL down 10%). Is there a list of worst and best percentage days for the stock? https://www.cnbc.com/2019/01/02/buffetts-berkshire-set-to-lose-about-2point8-billion-on-apples-after-market-drop-.html FWIW, a one day 5% change in the SP500 doesn't mak...
by inbox788
Thu Jan 03, 2019 2:55 am
Forum: Investing - Theory, News & General
Topic: BRK.B in 2019
Replies: 16
Views: 1796

Re: BRK.B in 2019

I own my one share of BRKb to yield a 7% discount on GEICO auto insurance. I thought about doing that too, but there are any number of ways to save up to 15% that I don't think stack. So instead of holding on to 1 share, I decided to liquidate all my shares and lump everything together with VTI/VOO...