Search found 1784 matches

by unclescrooge
Mon Feb 19, 2018 11:11 pm
Forum: Personal Consumer Issues
Topic: Good store for roller shades?
Replies: 12
Views: 841

Re: Good store for roller shades?

We bought our blinds/shades through Costco. I just got solar shares installed. The Costco referred company quoted me $2700 before 10% cash card rebate, blinds.com was $1050 but it would be self-install. I ended up going with discountblinds.com. They were $1600 installed, and look fabulous. Product ...
by unclescrooge
Mon Feb 19, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Is window replacement this expensive?
Replies: 27
Views: 2169

Re: Is window replacement this expensive?

I paid about $29k to replacece all windows and sliders in my house with top of the line dual-pane low-e3 vinyl Anilin windows. Two fixed window panes were 10ft by 5ft, and installed on the second level. The outer pane was 3/4 tempered glass. One of the sliders was 12ft wide. I think there were 14 wi...
by unclescrooge
Mon Feb 19, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 28
Views: 2478

Re: What do Bogleheads think of Passive income through Dividend Stocks

I have a rental property worth about $120k, that rents for $1000/month. From this you will deduct expenses. This is the closet you will come to achieving your objective. Unfortunately, the higher yield come with higher risk. In fact, after several years without incident, the house has been vacant fo...
by unclescrooge
Mon Feb 19, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: CPA recommends to NOT contribute to SEP IRA
Replies: 7
Views: 986

Re: CPA recommends to NOT contribute to SEP IRA

Not a cpa, so only speculating here...maybe the cpa is counting all income as dividend income at the lower dividend tax rate.

In order to fund a SEP, this income would need to be wage income, and thus be subject to higher income taxes, plus self employment taxes.
by unclescrooge
Mon Feb 19, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: CPA recommends to NOT contribute to SEP IRA
Replies: 7
Views: 986

Re: CPA recommends to NOT contribute to SEP IRA

Not a cpa, so only speculating here...maybe the cpa is counting all income as dividend income at the lower dividend tax rate.

In order to fund a SEP, this income would need to be wage income, and thus be subject to higher income taxes, plus self employment taxes.
by unclescrooge
Mon Feb 19, 2018 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 3628

Re: Late 20's female looking for some advice towards financial independence

I would fine a shared living situation with people closer in age. Near to where you currently live, there is someone close to your age who owns a two-bed condo and is looking to rent out one room. They are either doing well professionally, or their parents are helping them out. They have good manner...
by unclescrooge
Sun Feb 18, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 65
Views: 9401

Re: The Emerging Markets "lost decade" is over

Lemme share a story Vietnam for example, is southeast asias FASTEST growing emerging market say you wanted to import and sell adn try tap into their fast growing economy and get piece that pie..well to sell youll need get license fro that product. in u.s. maybe youd go to the FDA official webiste a...
by unclescrooge
Sun Feb 18, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 65
Views: 9401

Re: The Emerging Markets "lost decade" is over

When I started investing in the mid-90s, I used to have similar thoughts, based on my own experience: most countries outside of US are not just corrupt, but extremely corrupt. Yes, the US is somewhat corrupt too, but in a very different way. I too thought there is no way I would invest in any of th...
by unclescrooge
Thu Feb 15, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Rant about relocation mortgage assistance, and a question
Replies: 54
Views: 2956

Re: Rant about relocation mortgage assistance, and a question

What profession are you in? Some have relaxed lending guidelines. Also, some private banks have special lines of credit, based on your assets custodied with them. Morgan Stanley sends my wife letters offering to loan her up to $1mm against her (non-existent) stock portfolio at less than 3%. You coul...
by unclescrooge
Thu Feb 15, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Dental chews for dogs....useful?
Replies: 36
Views: 1894

Re: Dental chews for dogs....useful?

The dog just thinks of it as a treat. So any type of treat would likely be fine for a reward. For actual teeth cleaning, you can buy raw bones with marrow and meat still attached. They’re around $6 for a large (maybe 6” x 4”). Do that once a month for teeth cleaning. They are generally in the froze...
by unclescrooge
Wed Feb 14, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Dental chews for dogs....useful?
Replies: 36
Views: 1894

Re: Dental chews for dogs....useful?

The dog just thinks of it as a treat. So any type of treat would likely be fine for a reward. For actual teeth cleaning, you can buy raw bones with marrow and meat still attached. They’re around $6 for a large (maybe 6” x 4”). Do that once a month for teeth cleaning. They are generally in the froze...
by unclescrooge
Wed Feb 14, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4567

Re: Random conversations regarding money

Would some one earning $58k, or a family earning $75k, be able to replicate your real estate success, especially if they can only invest $12k/year? Good point. Probably not in 3-4 years. In 7-8 years for sure. The thing is, you only need $500-600K in real estate equity to generate $80K per year to ...
by unclescrooge
Tue Feb 13, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6555

Re: I think US interest rates could drop.

JoeRetire wrote:
Tue Feb 13, 2018 1:46 pm
willthrill81 wrote:
Tue Feb 13, 2018 1:33 pm
For those that think interest rates are destined to rise, I'll just say one word: Japan.
And I'll say 4 words: Pretty Much Everywhere Else
And I'll add my 2 cents: except Europe
by unclescrooge
Tue Feb 13, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6555

Re: I think US interest rates could drop.

. To add to that I will point out that inflation is, and has been historically, higher in the US than in the EU. Factor out inflation and there is not much room to go down. 10 year treasuries are at 2.5%, from the TIPS yield we can figure that inflation is expected to be at 2%. So that gives us .5%...
by unclescrooge
Tue Feb 13, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4567

Re: Random conversations regarding money

Would some one earning $58k, or a family earning $75k, be able to replicate your real estate success, especially if they can only invest $12k/year? Good point. Probably not in 3-4 years. In 7-8 years for sure. The thing is, you only need $500-600K in real estate equity to generate $80K per year to ...
by unclescrooge
Tue Feb 13, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4567

Re: Random conversations regarding money

Would some one earning $58k, or a family earning $75k, be able to replicate your real estate success, especially if they can only invest $12k/year? Good point. Probably not in 3-4 years. In 7-8 years for sure. The thing is, you only need $500-600K in real estate equity to generate $80K per year to ...
by unclescrooge
Mon Feb 12, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4567

Re: Random conversations regarding money

Last night I was at a gathering and found myself in a conversation regarding money and investing with another individual. He asked about what I invest in, etc and I told him, " mostly the US total stock market." He then proceeded to tell me how he only invests in physical gold bars, tax-deferred an...
by unclescrooge
Mon Feb 12, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: realized startup equity / schwab private client
Replies: 15
Views: 775

Re: realized startup equity / schwab private client

I'm 32y/o and recently realized my equity in a startup. My portfolio is now ~$3m and have access to the highest tier of schwab private client at discounted rates. I've been bogleing for about 3 years, so I'm trying to pick apart their various slice n' dice arguments for why a 4 fund portfolio is to...
by unclescrooge
Mon Feb 12, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: Home buying: how to send postcards to neighborhood we want to live in?
Replies: 38
Views: 3739

Re: Home buying: how to send postcards to neighborhood we want to live in?

If you aren't willing to pay 15-20% over market value you are wasting your time and money. This. Who in their right mind would sell to you instead of going thru a realtor and getting more offers that might be more competitive. People going through an acrimonious divorce often choose quick sales.
by unclescrooge
Sat Feb 10, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6597

Re: Day trading for a living/career?

It would be trading with my own money. Probably not for long. A close friend of mine finally gave up after about 16 years of trying. Very bright, double graduate degrees (engineering and science), strong work ethic. Three years ago, he wanted me to help him with some algo trading he was trying to d...
by unclescrooge
Fri Feb 09, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why would people buy condos/SFH in Texas?
Replies: 61
Views: 5687

Re: Why would people buy condos/SFH in Texas?

Why would people buy condos/single family homes (SFH) in Texas if they wanted to live there for work? Let's say someone wants to live in Houston, TX near the medical centers for work. Would it be a logical argument that renting is almost always better than buying a condo/SFH? The property taxes alo...
by unclescrooge
Fri Feb 09, 2018 3:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 182
Views: 12815

Re: Post your Financial Milestone Announcements Here

White Coat Investor wrote:
Tue Jan 09, 2018 2:34 am
But our most significant milestone for 2017 and the one we're most proud of was giving away more than we spent.
Truly, quite an achievement!

Congrats!!!

I will add this to my list of goals. Sadly, I'm many years away from this, partly as I live in a VHCOL area.
by unclescrooge
Fri Feb 09, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can I assume Chase earns fees when purchasing/selling munis for an advised portfolio, in addition to the AUM fee?
Replies: 17
Views: 514

Re: Can I assume Chase earns fees when purchasing/selling munis for an advised portfolio, in addition to the AUM fee?

No. Or if they are they are violating some pretty fundamental regulations. If there is a wrap fee then they must be acting in a fiduciary duty. Trades must be executed for best price and the broker can't make any money off of the bid/ask spread. This is something that regulators come in a audit. Th...
by unclescrooge
Thu Feb 08, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 4092

Re: Who has had a pool?

I have an in-ground pool. It's a waste of money, you should invest the money in a balanced fund instead. :) I am serious, if I could go back and not do the pool, I would. I've threatened to fill it in, but my wife won't let me. I will say the 4 or 5 times we use it a year, it's ok, but I'd rather h...
by unclescrooge
Thu Feb 08, 2018 1:01 am
Forum: Investing - Help with Personal Investments
Topic: Best way to sell gold krugerrands?
Replies: 12
Views: 1288

Re: Best way to sell gold krugerrands?

Apmex.com will give you a quote.

Then drive down to Artesia, ask the Indian jewelry stores for their price.
by unclescrooge
Wed Feb 07, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Ants in the House?
Replies: 46
Views: 2505

Re: Getting Rid of Ants in the House?

Seems like your kid is likely the problem!

Get a dog and that'll solve your problem. :mrgreen:
by unclescrooge
Wed Feb 07, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5783

Re: How to stop mail from former occupants?

The previous occupants of our address moved and did not submit a mail forwarding card. At first it was interesting mail - like retirement account statements, etc. (Yes, I was nosy and yes I did open mail that was not addressed to me). Eventually that stopped as they switched their accounts to on-li...
by unclescrooge
Wed Feb 07, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: 7/1 year ARM loan and additional monthly payments
Replies: 17
Views: 1007

Re: 7/1 year ARM loan and additional monthly payments

I too have a 7/1 arm on my forever home. I'm not worried about rates being higher in 6 years. Long term rates can't go more than 1 or 2 percentage points higher from here....Unless we see severe inflation, in which case our wages should go up as well. The difference between the 7/1 and a 30 year, wa...
by unclescrooge
Wed Feb 07, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: New SEP IRA needed for employer change?
Replies: 3
Views: 223

Re: New SEP IRA needed for employer change?

The CPA is correct. A SEP IRA is an employer retirement plan. It is adopted in the name of the employer. It is only the SEP IRA account that is owned by the Individual. Your cousin should be able to amend the SEP IRA plan to add the S-Corp. Or your cousin may be better off with a one-participant 40...
by unclescrooge
Wed Feb 07, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31548

Re: What's your U.S. : International ratio?

RRAAYY3 wrote:
Wed Feb 07, 2018 8:48 am
Thank you for reminding me why I decided to be 50/50 in the first place
+1 to both posts.
by unclescrooge
Wed Feb 07, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31548

Re: What's your U.S. : International ratio?

+1 same here. Huh. So how much US exposure do you reckon you'd get by investing in Toyota, Samsung, Tencent, Mercedes Benz, etc. in their currencies? I'm with Jack: Here's Why Jack Bogle Doesn't Like Investing In Foreign Markets that didn't answer my question, and i think mr. bogle is dead wrong wh...
by unclescrooge
Tue Feb 06, 2018 11:42 pm
Forum: Personal Consumer Issues
Topic: Electronic Door Locks
Replies: 26
Views: 3388

Re: Electronic Door Locks

We use a Yale Real Living deadbolt and couldn’t go back to a normal lock. We’re in a city condo with only one entrance, so we opted for a model with a keyhole in the event the circuitry fried, but would have chosen a model without a keyhole if we had multiple points of access (bump proof). They can...
by unclescrooge
Tue Feb 06, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: New SEP IRA needed for employer change?
Replies: 3
Views: 223

New SEP IRA needed for employer change?

My cousin is a contractor. He used to be a sole proprietor, but now he's opened a new S corporation to conduct his activities. He already had a SEP IRA. Does he need a new SEP now that the employer has changed? My understanding is that the SEP belongs to the individual. As such, a single SEP should ...
by unclescrooge
Tue Feb 06, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Electronic Door Locks
Replies: 26
Views: 3388

Re: Electronic Door Locks

Does anyone have any smart locks they would recommend...? Found this old thread when searching the forum, and was wondering if there have been more people using these since. I bought the Schlage Sense ( http://amzn.to/2E7FL0m ) last year and I'm very happy with it. I haven't gotten around to instal...
by unclescrooge
Tue Feb 06, 2018 2:22 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance after today's drop?
Replies: 32
Views: 4355

Re: Rebalance after today's drop?

I'm confused.. that is not rebalancing. Rebalancing would be buying more stocks after they dropped? Adding more bonds now is not sticking to the plan. I rebalanced in January after stocks got too high and bought bonds that went low. I missed the window to rebalance in January as I was busy with oth...
by unclescrooge
Tue Feb 06, 2018 2:16 am
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 45
Views: 4690

Re: Rolex

Go to a small independent watch store in a mall. Offer cash for a 33% discount.

This worked when I bought my omega in 2005.
by unclescrooge
Sun Feb 04, 2018 1:54 am
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

Haven't seen this mentioned: In California, I'm guessing that $250k is about one year of aftertax income on $360k. Is your backyard worth a full year of your time? The question it's not whether it's worth it, but what is a reasonable amount to spend. It seems wasteful to spend so much money. But, t...
by unclescrooge
Sun Feb 04, 2018 1:38 am
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

Is this an upslope yard where any mud would come into your house or a downslope where you have some view and are looking down into your neighbor's yard? We spent about $100k on three yards 2.5 years ago. Our lot is almost 1/2 acre but part of it is downslope and wasn't included. About 20k was for a...
by unclescrooge
Sat Feb 03, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Kinda laughing, kinda mad - Vanguard Personal Investor
Replies: 45
Views: 7875

Re: Kinda laughing, kinda mad - Vanguard Personal Investor

Wondering if anyone who has used the Vanguard Personal Investor service has ever found a need to seek a change in their advisor. I am not happy with mine — nothing to do w/ results or investment performance, I just don’t connect well with him and find him very hard to have a conversation with. I ju...
by unclescrooge
Sat Feb 03, 2018 1:43 am
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 87
Views: 7913

Re: Alan Greenspan says there are bubbles in both stocks and bonds

ISTR that the last time that Alan Greenspan publicly predicted a bubble, the market went straight up for the next 4 years. It's funny, a lot of people seem to recall his "irrational exuberance" phrase, but nobody seems to remember that he said it in 1996. Edit: My point being that these types of pr...
by unclescrooge
Fri Feb 02, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

Is this an upslope yard where any mud would come into your house or a downslope where you have some view and are looking down into your neighbor's yard? We spent about $100k on three yards 2.5 years ago. Our lot is almost 1/2 acre but part of it is downslope and wasn't included. About 20k was for a...
by unclescrooge
Fri Feb 02, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2148

Re: When is it ok to quit your job and run your business full time?

I would jump ship at 1.3x of FT job.

That way you've covered your health benefits/401k matching too.

So, yes. It's okay to "retire" from your FT job.
by unclescrooge
Thu Feb 01, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Beating the 55k IRS limit?
Replies: 23
Views: 2251

Re: Beating the 55k IRS limit?

TallBoy29er wrote:
Thu Feb 01, 2018 8:00 pm
unclescrooge wrote:
Thu Feb 01, 2018 7:14 pm
Might not be worth it.

If you over-fund it now, your future RMDs might keep you in a high tax bracket if you're still working after 70.5.
A problem that, if one has, one doesn't have a problem.
True, but my father in law still complains about it!
by unclescrooge
Thu Feb 01, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Beating the 55k IRS limit?
Replies: 23
Views: 2251

Re: Beating the 55k IRS limit?

Might not be worth it.

If you over-fund it now, your future RMDs might keep you in a high tax bracket if you're still working after 70.5.
by unclescrooge
Thu Feb 01, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

You'll also get 20 years of use out of your backyard, and in 20 years time it will likely cost you $500K to have the same work done on your back yard. But, yes, in the end it is an expense of consumption not an investment. :beer Good point. Amortizing the cost over 30 years makes it more palatable....
by unclescrooge
Thu Feb 01, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

livesoft wrote:
Thu Feb 01, 2018 6:53 pm
Hillside. So Cal. Mudslide. Earthquake. There is probably a reason there is nothing in your backyard.
You need rain for mudslides! :mrgreen:

Actually ground cover is required to prevent mudslides. Also, if I do nothing, I have an annual cost of $600 to remove the brush each summer.
by unclescrooge
Thu Feb 01, 2018 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

You plan to be in this house for a long time. Any increase in value will not be realized until you sell. I am not sure a decades old pool will add that much to the value. From a purely financial point of view it would make more sense to do a much less expensive job on your backyard now and, maybe, ...
by unclescrooge
Thu Feb 01, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 2769

Re: How much to spend on a backyard?

Is the yard so steep it needs major stuff done to it to compensate for that? Yes. Apparently the offspring of the previous owners used to get high on meth (and sell it too) and have barrel rolling competitions. They ended up destroying the sprinker system, and the succulents that used to cover most...