Search found 1523 matches

by unclescrooge
Sun Oct 22, 2017 2:54 am
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 25
Views: 3092

Re: Charles schwab - why so much cheaper?

At what point will I get paid 1bp to invest in an ETF? Asking for a friend. :mrgreen: With securities lending revenue returned to the fund, there might be a few examples of that already. My 401k has a fund with a negative ER, kinda. The ER is 0.22% but I receive a 0.25% rebate. It's contractual and...
by unclescrooge
Sun Oct 22, 2017 2:53 am
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 23
Views: 1254

Re: Is my rental property worth keeping?

it's on the low end of acceptable but not terrible. I have kept a similar property (ie earns about 0.55% per month) but mine is a much smaller percentage of my net worth. Thanks for the response letsgobobby. I hear all the time about people making a huge profit in terms of rent, but did not find th...
by unclescrooge
Sat Oct 21, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 23
Views: 1254

Re: Is my rental property worth keeping?

it's on the low end of acceptable but not terrible. I have kept a similar property (ie earns about 0.55% per month) but mine is a much smaller percentage of my net worth. Thanks for the response letsgobobby. I hear all the time about people making a huge profit in terms of rent, but did not find th...
by unclescrooge
Fri Oct 20, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 23
Views: 1254

Re: Is my rental property worth keeping?

Have you considered that you're also paying down the mortgage, and get a phantom tax deduction?
by unclescrooge
Fri Oct 20, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Sold rental prop + purchased new rental prop - tax ques.
Replies: 7
Views: 456

Re: Sold rental prop + purchased new rental prop - tax ques.

If you don't know much about a 1031x, it most definitely isn't one!

Yes, you can deduct the losses on your income and carry forward any remaining losses.

But ask your CPA!
by unclescrooge
Fri Oct 20, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 78
Views: 6082

Re: Protein Bars and Smoothies

My personal trainer recommends Builder's Bars. Lower in sugar than many other bars; high in protein. Less chemical-y than many of the bars out there. Not sugar or chemical free, just better than most. Taste great, and they have a wide variety of flavors. +1 Builder Bar's protein source is soy isn't...
by unclescrooge
Fri Oct 20, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 25
Views: 3092

Re: Charles schwab - why so much cheaper?

At what point will I get paid 1bp to invest in an ETF? Asking for a friend. :mrgreen:
by unclescrooge
Fri Oct 20, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)
Replies: 37
Views: 4450

Re: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)

I suspect the most common road to Hell (paved with good intentions) is living in a high income tax state with AGI (MFJ) ~$150k-450k. Yep, it's tax Hell here in CA but if you like the weather and are not about to move, there is just no point worrying about it. Also, CA Proposition 13 mitigates a fai...
by unclescrooge
Fri Oct 20, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)
Replies: 37
Views: 4450

Re: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)

a) Property tax payments. You can bunch two year's worth of payments into one tax year. This works well if you are subject to AMT in one year, but not in the following year (or vice versa). b) Charitable deductions. You can bunch your charitable deductions by contributing to a Donor Advised Fund. T...
by unclescrooge
Fri Oct 20, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 31
Views: 47363

Re: Turn fridge off when gone or leave it running?

For a family getaway cabin (used one or two weekends a month) - Turn the frigde temp control all the way to off Unscrew the lightbulb Shove a towel in fridge and freezer doors to keep them propped open So far, so good. The fridge looks about 20 years old. What does unscrewing the light bulb accompl...
by unclescrooge
Thu Oct 19, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Self-directed solo 401k
Replies: 4
Views: 363

Re: Self-directed solo 401k

The friend should just google this. There are specialized custodians offering this service. Personally, I don't recommend self-directed retirement plans for the purpose of real estate. It is far too easy to engage in a prohibited transaction. This disqualifis the plan, causing immediate forced non-...
by unclescrooge
Sat Oct 14, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

Earlier today, I took my 20-year old Honda Civic for an annual state inspection. A guy in the shop where I usually do it said that Civic will not pass the inspection because the headlights are cloudy and have to be cleaned from inside. I asked how much it will cost. He said $45 each headlight. I as...
by unclescrooge
Sat Oct 14, 2017 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bonds
Replies: 5
Views: 1252

Re: Municipal Bonds

I am looking for another bucket to invest into besides our SIMPLE IRA & ROTH IRA's. We have a 10 year Retirement Plan set up and the bulk of our funds will be going into these two buckets. But, we would also like to invest into something else with our extra funds. We have a lump that we need to inv...
by unclescrooge
Fri Oct 13, 2017 11:45 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 129
Views: 9134

Re: anyone else not liking the new cars?

you could always look at Acuras.
by unclescrooge
Fri Oct 13, 2017 11:43 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

Earlier today, I took my 20-year old Honda Civic for an annual state inspection. A guy in the shop where I usually do it said that Civic will not pass the inspection because the headlights are cloudy and have to be cleaned from inside. I asked how much it will cost. He said $45 each headlight. I as...
by unclescrooge
Fri Oct 13, 2017 11:30 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3841

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

I flat-out refuse to talk to people who are driving and did so when I was working. The issue of liability never crossed my mind, but the thought that they might have an accident and be injured or killed or cause someone else to be injured or killed while I was talking to them on the phone did. I wo...
by unclescrooge
Fri Oct 13, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Self-directed solo 401k
Replies: 4
Views: 363

Self-directed solo 401k

Friend wants open a solo 401k and I suggested fiddly or TD.

But he wants the option of investing in real estate notes in the future, so he's interested in a self-directed option.

Does anyone have experience with this? Any concerns?
by unclescrooge
Fri Oct 13, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question
Replies: 14
Views: 604

Re: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question

Hi Bogleheads, I have question regarding my situation with Rental Investment, New Home and Mortgage deduction interest. Scenario: 1) We are planning to move from our current home to a bigger home. Plan is to convert current home into Rental. 2) Current home Loan - $190K, 15 years term, Payment ($13...
by unclescrooge
Fri Oct 13, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Improving the Dalio/Robbins All-Seasons Portfolio
Replies: 68
Views: 13120

Re: Improving the Dalio/Robbins All-Seasons Portfolio

If you work your way up to 31 funds, then you can call it the Baskins/Robbins All-Flavors Portfolio. 8-) Jokes aside, I bet we're no more than 5-10 years away from being able to "construct" our own custom portfolio with infinite amounts of very small allocations (fractional shares) to many asset cl...
by unclescrooge
Fri Oct 13, 2017 12:42 am
Forum: Personal Consumer Issues
Topic: Tesla roof deposit: Anyone paid one?
Replies: 16
Views: 2101

Re: Tesla roof deposit: Anyone paid one?

HomerJ wrote:
Fri Oct 13, 2017 12:25 am
chuppi wrote:
Thu Oct 12, 2017 6:52 pm
Tesla roof comes with lifetime warranty.
What happens if Tesla goes out of business?
When Tesla goes bankrupt your warranty is worthless.

Yes, I said when, not if. You can't run a company at a multi-billion dollar loss and expect to make it up on volume.
by unclescrooge
Fri Oct 13, 2017 12:39 am
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 78
Views: 6082

Re: Protein Bars and Smoothies

my smoothie recipe - 2 scoops of goldstandard naturally flavored protien powder - half a cup of orange juice - 3/4 to 1 inch piece of ginger - 1/2 inch tumeric root (we get it from Wegmans) - 8-10 chuncks of pinneapple - 8-10 strawberries, or mango pieces - kale or spinatch - 10-12 drops of lemon j...
by unclescrooge
Fri Oct 13, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 78
Views: 6082

Re: Protein Bars and Smoothies

Costco's Kirkland Signature protein bars are very similar to Quest bars in both nutrition and taste, for less than $1.00 a bar. They might even be made by Quest, based on the taste. They come in chocolate brownie and cookie dough only. peseta I threw away the box. I couldn't stand them. Tasted like...
by unclescrooge
Fri Oct 13, 2017 12:37 am
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 78
Views: 6082

Re: Protein Bars and Smoothies

Dulocracy wrote:
Tue Nov 03, 2015 11:58 am
My personal trainer recommends Builder's Bars. Lower in sugar than many other bars; high in protein. Less chemical-y than many of the bars out there. Not sugar or chemical free, just better than most. Taste great, and they have a wide variety of flavors.
+1
by unclescrooge
Thu Oct 12, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

Earlier today, I took my 20-year old Honda Civic for an annual state inspection. A guy in the shop where I usually do it said that Civic will not pass the inspection because the headlights are cloudy and have to be cleaned from inside. I asked how much it will cost. He said $45 each headlight. I as...
by unclescrooge
Thu Oct 12, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: Tesla roof deposit: Anyone paid one?
Replies: 16
Views: 2101

Re: Tesla roof deposit: Anyone paid one?

I just spent $13.5k on a new shingle roof and $17.5k for solar panels. By comparison, Tesla roof was $96k When it's time to replace the roof, I will get quotes and compare. I am not for one or the other at this point. I know roof cost would vary from place to place. If tesla roof cost is 96K, it is...
by unclescrooge
Thu Oct 12, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Tesla roof deposit: Anyone paid one?
Replies: 16
Views: 2101

Re: Tesla roof deposit: Anyone paid one?

If so then what is your wait time for the roof? how did the quote to install compare with the online calculator? I'm purchasing a property that needs a new roof ($25K) and I'm looking into the feasibility of a Tesla roof knowing that in 5-years or so the chances are I'll own 2 x electric cars. Than...
by unclescrooge
Thu Oct 12, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: Tesla roof deposit: Anyone paid one?
Replies: 16
Views: 2101

Re: Tesla roof deposit: Anyone paid one?

I just spent $13.5k on a new shingle roof and $17.5k for solar panels.

By comparison, Tesla roof was $96k
by unclescrooge
Mon Oct 09, 2017 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Real Estate Mortgage in LLC or Personal Name?
Replies: 6
Views: 672

Re: Rental Real Estate Mortgage in LLC or Personal Name?

I've never owned real estate in an llc. An umbrella should be enough.

But then I'm not worth $5 million....just barely broke a million last year.
by unclescrooge
Mon Oct 09, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

I ask quite a bit too..... I'll also try AARP Membership, Senior, retired government and everything else I can think of.... and then pay on the 2% cash back Visa. When customers ask me in my business for a discount I tell them yes - if you pay with cash or check :D Yup, I asked all the vendors for ...
by unclescrooge
Mon Oct 09, 2017 11:01 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

... ] - At Home Depot or Lowes : On appliances, find a display model or closeout, "The Manager" will almost always knock off another 10%. You can also get 10% "moving coupons" for either of these stores from ebay for about $10, they arrive as a PDF. They have saved me hundreds over the years! - Hom...
by unclescrooge
Mon Oct 09, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

open_circuit wrote:
Mon Oct 09, 2017 11:33 am
Can't see the video now, but the post reminds me of an episode of This American Life from a few years back where the host goes around asking for the "Good Guy Discount". He wanted to test if discounts are available simply by asking for them.

Does asking work for you?
Very frequently.
by unclescrooge
Mon Oct 09, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Re: Asking for discounts

DW and I ask for a discount for nearly everything anywhere no matter the amount. Do you have a senior discount? Do you have an AARP discount? Do you have a AAA discount? Do you have a contractor's discount? Coupons? etc, etc, etc. For large purchases it would be either discounts or freebies thrown ...
by unclescrooge
Mon Oct 09, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6423

Asking for discounts

I usually ask for a discount everywhere I go, especially if I'm spending over a couple of hundred dollars. However, my wife has a very tough time asking for discounts, even when I tell her the exact words to use. I just saw this video and I thought it might help some of you that struggle with gettin...
by unclescrooge
Sun Oct 08, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: buy home with 10% or 20% down in this situation?
Replies: 17
Views: 1336

Re: buy home with 10% or 20% down in this situation?

Have you tried getting a HELOC on the first condo?
by unclescrooge
Sun Oct 08, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: 529 help
Replies: 22
Views: 1227

Re: 529 help

You'll probably overfund at that rate. How much do they currently have in their 529s? You may want to pop your numbers into a college calculator to see how they play out. Personal Capital has a nice one. Identifying a target for college funding 15 years from now is difficult. However, I think the O...
by unclescrooge
Sun Oct 08, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Choosing mortgage size vs. ETF Investments
Replies: 8
Views: 717

Re: Choosing mortgage size vs. ETF Investments

There's no right answer.

Most here will tell you to pay cash for your house.

However, over 30 years there's a good chance that stocks will outperform your 3.5% mortgage. But realize that nothing is guaranteed.

It's a question of whether you're comfortable with this level of risk.
by unclescrooge
Sat Oct 07, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: REIT Magazine
Replies: 14
Views: 2158

Re: REIT Magazine

I read seeking alpha. There are a couple good authors in the REIT space. However, there is a lot of rubbish to wade through before you find any gems. I would not recommend for most bogleheads. I own a couple of rentals right now. I'm also undergoing a major rehab that will add nicely to my net worth.
by unclescrooge
Sat Oct 07, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Using "Bear" Funds In Lieu of Taxable Reallocation
Replies: 8
Views: 701

Re: Using "Bear" Funds In Lieu of Taxable Reallocation

I know people who lost their principal when trying to avoid taxes on their gains.

Don't let the tax tail wag the investment dog.
by unclescrooge
Sat Oct 07, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7490

Re: Do you want your receipt?

No, and I try to avoid touching then when automatically printed out.

The ink on these thermal printers is a known carcinogen.

Unless there's a chance I'll be returning the item I just ask the cashier to throw away the receipt.
by unclescrooge
Sat Oct 07, 2017 10:35 pm
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 1820

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

Raabe34 wrote:
Thu Oct 05, 2017 8:36 am
You also may want to trim some from your emerging market allocation if you're going to change your IPS. 15% is a lot in an 80/20 split.
It's also one of the cheaper asset classes. Selling cheap assets to buy expensive assets isn't how you make money in investing.
by unclescrooge
Sat Oct 07, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Choosing mortgage size vs. ETF Investments
Replies: 8
Views: 717

Re: Choosing mortgage size vs. ETF Investments

Is the mortgage interest tax deductible? Does your income support the mortgage with 40% down? I believe it isn't tax deductible. Yes my income does support the payment, however, my goal is to be financially independent so that I do not need to rely on finding a well paid job. It send you can afford...
by unclescrooge
Sat Oct 07, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15509

Re: Bogle himself is saying we will expect like 3% for the next decades

https://www.youtube.com/watch?v=KF1RodFhFwc This is very depressing. Even the master himself is saying we will get something like measly 3% from the market and the fun times are over. Really? :( Not fair. I guess due to exposure of everyone to these markets indexing is just not that profitable anym...
by unclescrooge
Sat Oct 07, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5577

Re: Does anyone hold cash?

I have essentially no cash. I received cash dividends on Monday and I reinvested them. I hate cash. There are lots of threads about cash at bogleheads.org. Some people love it. Some people hate it. Some are in-between. It's a psychological thing. Do you have any physical gold? :twisted: Yes, as wel...
by unclescrooge
Sat Oct 07, 2017 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10066

Re: Third time in my 32 year career I have been laid off

You could rent out your home. Coupled with the the money you're getting from you're other rental, you could live lavishly in Thailand until medicare kicks in.

Healthcare in Thailand is on par with the U.S. But at a fraction of the cost.
by unclescrooge
Fri Oct 06, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3883

Re: How do you value your time?

I'm the kind of person who parks a mile away to avoid paying $20 for parking. I recently got married so this behavior is creating a lot of conflict. My spouse believes in "paying for convenience". I need help in how to value my time so I can find some common ground with my spouse. If I take my annu...
by unclescrooge
Fri Oct 06, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Choosing mortgage size vs. ETF Investments
Replies: 8
Views: 717

Re: Choosing mortgage size vs. ETF Investments

Is the mortgage interest tax deductible?

Does your income support the mortgage with 40% down?
by unclescrooge
Fri Oct 06, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5577

Re: Does anyone hold cash?

This thread makes me feel better about Schwab intelligent portfolio’s cash feature. Truth is I never owned bonds from 1993 to 2015 and then I only added a couple munies. I prefer cash to bonds. It never loses nominal value. Always there to buy stocks when they go on sale. And in a pinch I can roll ...
by unclescrooge
Fri Oct 06, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5577

Re: Does anyone hold cash?

I have essentially no cash. I received cash dividends on Monday and I reinvested them. I hate cash. There are lots of threads about cash at bogleheads.org. Some people love it. Some people hate it. Some are in-between. It's a psychological thing. Do you have any physical gold? :twisted: Yes, as wel...
by unclescrooge
Wed Oct 04, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3247

Re: Throwing Down with a Primerica Advisor

By engaging with her you're signalling that you could be persuaded, given the right motivation.

Is that so?

If not, then you simply shut down the conversion by blocking her number and ghosting her.

There is nothing you can say that will change her mind.
by unclescrooge
Wed Oct 04, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14293

Re: Bay Area Real Estate

There are not enough high income people to support that. I think that's where you're wrong. Why wouldn't the income and wealth (such as stock holdings and RSUs and foreign money) of enough people in the area keep up with the rate of growth of the stock market? Because the companies that pay those p...