Search found 587 matches

by dziuniek
Tue Aug 20, 2019 7:03 am
Forum: Personal Investments
Topic: Invest vs pay off student loan in 1 year period
Replies: 43
Views: 2016

Re: Invest vs pay off student loan in 1 year period

I don't know the rest of your situation, but paying the loan off might make sense if you're thinking of purchasing real estate soon. (freed-up cashflow)

Tax wise - 401k is a no brainer assuming you're going the pre-tax route.

Option C.
Live like you got a 50% paycut and do both next year! :D
by dziuniek
Mon Aug 19, 2019 11:14 am
Forum: Personal Investments
Topic: Invest or pay off student loans?
Replies: 41
Views: 1670

Re: Invest or pay off student loans?

Yeah, forgiveness, I've thought about this too. I doubt it will comer to fruition, but I would be pretty miffed if it did. Wife and I are almost 80% done with paying off our six figure student loan balance, so if they forgave after we finished paying it off (sometime in 2020), I wouldn't be a happy ...
by dziuniek
Mon Aug 19, 2019 7:19 am
Forum: Personal Investments
Topic: Prudential 457
Replies: 5
Views: 407

Re: Prudential 457

For example, my admin fee is minimal at 0.045% - not bad at all.

(@prudential 457b)
by dziuniek
Mon Aug 19, 2019 7:12 am
Forum: Personal Investments
Topic: Invest or pay off student loans?
Replies: 41
Views: 1670

Re: Invest or pay off student loans?

What is the tax treatment of the forgiven amount? If after 20 years, you have a balance of $50k, once forgiven, be $50k taxable income to you? I've heard of some forgiveness programs where that's the case. Do the math. What is your balance 20 years in based on your growing income. Calculate taxes on...
by dziuniek
Fri Aug 16, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2412
Views: 435412

Re: What are you up YTD? [Year To Date]

Currently 12-13% depending on account. De-risked heavily as the year progressed.
by dziuniek
Fri Aug 16, 2019 7:16 am
Forum: Personal Finance (Not Investing)
Topic: No pay increase but increase in responsibility
Replies: 110
Views: 7975

Re: No pay increase but increase in responsibility

So everyone here is under the assumption that 50-55 hours per week seems to be a lot of hours to work....

ha,ha,ha.
by dziuniek
Thu Aug 15, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: Why Zero (or Negative) Interest Rates Could Someday Make Sense
Replies: 92
Views: 6500

Re: Why Zero (or Negative) Interest Rates Could Someday Make Sense

I still don't buy it. Why would I ever invest $100 in a bond for the chance (<100% - from default) that it would mature at $99 (or less) if I could instead hold cash for 100% chance of maturing at $100? Even if there was no default risk, it doesn't make sense to me. Yields down - price up.... So yo...
by dziuniek
Thu Aug 15, 2019 8:53 am
Forum: Investing - Theory, News & General
Topic: 30 year treasury yield drops below 2% for the first time in history
Replies: 41
Views: 5334

Re: 30 year treasury yield drops below 2% for the first time in history

I cant imagine anyone buys 30 year treasuries yielding 1.99% to actually hold for 30 years. Obviously, interest rates will go up some time in the next 30 years. I presume people buying these are just betting rates will continue to fall in the short term so they can sell these for a profit. What abo...
by dziuniek
Wed Aug 14, 2019 12:07 pm
Forum: Investing - Theory, News & General
Topic: What happens if Treasury yields become negative?
Replies: 6
Views: 948

Re: What happens if Treasury yields become negative?

If you're already holding them - price should go up.
by dziuniek
Wed Aug 14, 2019 8:30 am
Forum: Personal Investments
Topic: Continue contributing to 401k or pay off debts
Replies: 14
Views: 922

Re: Continue contributing to 401k or pay off debts

Additionally, consider refinancing your mortgage?

I see 3.675% today for a 30yr - that would free up some monthly cash for student loans/investing.
by dziuniek
Tue Aug 13, 2019 9:09 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 558
Views: 21049

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

HEDGEFUNDIE wrote:
Tue Aug 13, 2019 8:59 am
Anyone who changed their allocation yesterday with me was rewarded for it today. UPRO up 5% with TMF flat.
Now that sounds like a market-timing comment :)
by dziuniek
Tue Aug 13, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 70
Views: 6551

Re: this time it's different

It really wouldn't be surprising. Was 2000-2010 not a lost decade with the return being essentially flat for US equities? If you haven't already, throw in some international to your portfolio for good measure - it certainly helped in that time period. We could have a repeat of the 2000s. It's happen...
by dziuniek
Mon Aug 12, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 558
Views: 21049

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Wouldn't keeping UPRO at 40%, TMF at 50% and UGLD at 10% accomplish much of the same? Not sure about the upside, but it would curtail some of the risk present in TMF.
by dziuniek
Mon Aug 12, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: What am I missing about HELOCs?
Replies: 31
Views: 2723

Re: What am I missing about HELOCs?

Sometimes they make sense.

Friend of mine just opened one 2 months ago... where the first year is at 2.00% - pretty sweet.
by dziuniek
Thu Aug 08, 2019 2:00 pm
Forum: Personal Investments
Topic: Shifting from bond buying to debt reduction
Replies: 8
Views: 499

Re: Shifting from bond buying to debt reduction

If we're talking in a taxable account then it makes sense. If you're not maxing pre-tax retirement accounts then the math is different, no? You'd have to account for your tax rate also. Yep, we max out 401K/IRA/HSA so there isn't a tax consideration. The effective outcome would be a reduction in ta...
by dziuniek
Thu Aug 08, 2019 1:01 pm
Forum: Personal Investments
Topic: Shifting from bond buying to debt reduction
Replies: 8
Views: 499

Re: Shifting from bond buying to debt reduction

If we're talking in a taxable account then it makes sense.

If you're not maxing pre-tax retirement accounts then the math is different, no? You'd have to account for your tax rate also.
by dziuniek
Wed Aug 07, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Investing for negative interest rates
Replies: 31
Views: 1663

Re: Investing for negative interest rates

I guess if you're convinced rates will go down over the short term (market timing), you could purchase TMF (3X Leveraged long-term treasuries 20+yrs). That did phenomenally in recent memory. Again, that's market timing. Before today, TMF was up 53.11% YTD. It's up another 3.87% so far today. So if ...
by dziuniek
Wed Aug 07, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Why buy sovereign bonds with a negative yield?
Replies: 94
Views: 6398

Re: Why buy sovereign bonds with a negitave yeald?

Many sovereign bonds have a negative yield, they are charging the buyer to own them. Why wouldn't one rent a safety deposit box or buy a safe and store the cash there? :confused $13 trillion of negative nominal return assets, worldwide. That's a lot of safety deposit boxes & safes. Read somewhere t...
by dziuniek
Wed Aug 07, 2019 12:06 pm
Forum: Investing - Theory, News & General
Topic: Investing for negative interest rates
Replies: 31
Views: 1663

Re: Investing for negative interest rates

I guess if you're convinced rates will go down over the short term (market timing), you could purchase TMF (3X Leveraged long-term treasuries 20+yrs).

That did phenomenally in recent memory.

Again, that's market timing.
by dziuniek
Wed Aug 07, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 143
Views: 14253

Re: What is your hobby and how did it come to be your hobby?

Currently... leveraged funds for fun (tm)(r).

Darn you hedgefundie!
by dziuniek
Fri Aug 02, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: Utilities - worth another look?
Replies: 113
Views: 9253

Re: Utilities - worth another look?

Let's not forget utilities are somewhat unique, for example: - some have, depending on state/PUC/commission/authority/location, guaranteed ROE (rates increase if ROE not met annually or in a rate case every few years) - water companies ROE is pretty darn high! - new water testing standard (PFAS?) - ...
by dziuniek
Tue Jul 16, 2019 10:12 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback Engine Offering for 2020
Replies: 45
Views: 4248

Re: New Subaru Outback Engine Offering for 2020

One thing that will never change with a subaru...an engine that leaks and head gaskets that need replaced. We're trying to squeeze another year or two out of our forester before we get rid of it. Head gaskets were NA EJ engine issues primarily. There hasn't been an NA EJ engine in a Subaru since wh...
by dziuniek
Thu Jul 11, 2019 8:48 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 263394

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

mrspock wrote:
Thu Jul 11, 2019 8:45 pm
I wonder if M1 is scratching their heads at all this TMF & UPRO they now have in their brokerage :D . Nevermind in 20 years....
Haha, quite possibly :)
by dziuniek
Mon May 13, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11852
Views: 2026694

Re: U.S. stocks in free fall

oldzey wrote:
Mon May 13, 2019 12:38 pm
Looks like meat's back on the menu.
+1
it's the beyond, beyond market now.
by dziuniek
Tue May 07, 2019 2:21 pm
Forum: Personal Investments
Topic: Cheering for a crash
Replies: 25
Views: 1995

Re: Cheering for a crash

ohai wrote:
Tue May 07, 2019 1:59 pm
You're not going to remember this day's price action when you are looking back 10 years from now.
You might if it's the highest price for the next 10 years.
by dziuniek
Mon May 06, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: bare root trees - best place or website to purchase from?
Replies: 54
Views: 3765

Re: bare root trees - best place or website to purchase from?

I've purchased:

- sour cherry tree
- sweet cherry tree
- hazelnut tree
- 1 currant % 3 gooseberries

from Starkbros.

Everything survived. This is year 2.
by dziuniek
Fri May 03, 2019 6:13 pm
Forum: Personal Investments
Topic: Am I on the right path?
Replies: 5
Views: 743

Re: Am I on the right path?

Hi Stacks, You guys are in a similar situation as us as we also reside in CT. Combined salary is similar, but we're 2 years older than you two. You're on the right track and as mentioned already - it is never too late. I think your house is very expensive, but depending on where in CT it might not ...
by dziuniek
Fri May 03, 2019 2:22 pm
Forum: Personal Investments
Topic: Am I on the right path?
Replies: 5
Views: 743

Re: Am I on the right path?

Hi Stacks, You guys are in a similar situation as us as we also reside in CT. Combined salary is similar, but we're 2 years older than you two. You're on the right track and as mentioned already - it is never too late. I think your house is very expensive, but depending on where in CT it might not b...
by dziuniek
Fri May 03, 2019 2:08 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6675

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

There are outcomes in-between, but the 2 most likely ones are:

1. You under save and you have to work longer or live on less than you would like.

2. You over save and worst case you can walk away from work sooner....

I'd prefer option 2.
by dziuniek
Thu May 02, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 12259

Re: Who is buying 1-3 year old used Toyotas and Hondas?

This is mainly a curiosity question. I've been car hunting and the Toyota Corolla and Honda Civic on my short list I figured I would buy new if I choose those cars. This is because the price for one that is 1-3 years old really isn't that much different from new (less than a $1000 difference for th...
by dziuniek
Tue Apr 30, 2019 11:40 am
Forum: Investing - Theory, News & General
Topic: 457 rollover and general rollover considerations
Replies: 12
Views: 696

Re: 457 rollover and general rollover considerations

If it was me, I would roll everything except for the 457b. If I manage to retire early, which is a very hopeful plan, I'll be able to tap that account first. Combined with taxable accounts and possibly ROTH IRA contribution withdrawals, I would have enough to bridge us to pension/early SS at the lea...
by dziuniek
Mon Apr 29, 2019 7:42 am
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9922

Re: EXTREMELY frugal things from our parents and grandparents

Some things I've seen and heard from stories in my family: - Making Coffee twice from the same coffee beans (same for tea) - I remember making butter from milk. - I remember gutting a pig and burning off the hair when I was a kid. (now this isn't frugal but I must be less snowflake than I think) - N...
by dziuniek
Sat Apr 27, 2019 10:31 am
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 12259

Re: Who is buying 1-3 year old used Toyotas and Hondas?

This is mainly a curiosity question. I've been car hunting and the Toyota Corolla and Honda Civic on my short list I figured I would buy new if I choose those cars. This is because the price for one that is 1-3 years old really isn't that much different from new (less than a $1000 difference for th...
by dziuniek
Wed Apr 24, 2019 7:57 am
Forum: Personal Consumer Issues
Topic: How to clean a garage?
Replies: 71
Views: 4343

Re: How to clean a garage?

1. I've built a huge table with shelves under for the garage. (leafblower in there, gas cans, etc) 2. Anything I can hang on the nails on the walls - I do. 3. Organization is key - keeping alike things together. 4. SHED is next - so all landscaping tools can go there. 5. Basement - seasonals, etc. N...
by dziuniek
Wed Apr 24, 2019 7:11 am
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 12259

Re: Who is buying 1-3 year old used Toyotas and Hondas?

This is mainly a curiosity question. I've been car hunting and the Toyota Corolla and Honda Civic on my short list I figured I would buy new if I choose those cars. This is because the price for one that is 1-3 years old really isn't that much different from new (less than a $1000 difference for th...
by dziuniek
Tue Apr 23, 2019 9:01 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 906
Views: 114718

Re: Post your Financial Milestone Announcements Here

davidsorensen32 wrote:
Fri Apr 05, 2019 11:45 am
2 commas used to be a badge of honor around here - a mark of "we've arrived". Not any more. Now it's $2M or above. :sharebeer
Tell me about it, the post goals are moving too quick and leaving me in the dust :)
by dziuniek
Mon Apr 22, 2019 2:08 pm
Forum: Personal Consumer Issues
Topic: Is the Subaru Outback a safe car?
Replies: 9
Views: 1307

Re: Is the Subaru Outback a safe car?

ThankYouJack wrote:
Mon Apr 22, 2019 12:05 pm
One would think so, but on here https://www.informedforlife.org/display ... _score.php it gets a safety assessment of "Least safe".
Old thread but... just got the recall for passenger side airbag.
by dziuniek
Fri Apr 19, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: leaving state job / pension. ..... bad idea?
Replies: 44
Views: 3692

Re: leaving state job / pension. ..... bad idea?

At 44, your savings seem quite low. Additionally, that's a lot of credit card debt for your income, if that's even a thing. I would stay where you are due to such a high pension monthly payment. Run the math to see how much you would need to save to get so much in monthly income. I doubt it you can...
by dziuniek
Fri Apr 19, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 4329

Re: Marriage and Student Loans

Also, as far as refinancing goes - you can play the games - same as credit card rewards.
I just refinanced with Laurel Road, got me $300 check for that, score!
Also, they offer $400 if you refer a person, so... I'll be doing that for wifu. That's just about 1 cruise ticket right there...
by dziuniek
Thu Apr 18, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 4329

Re: Marriage and Student Loans

I would wait 6 months for her to get her credit rating up - please check and see why her score is under 700 atleast. Is it because she didn't have credit before or is it because she's missing payments? Do not become a cosigner on her loans for now, this is risky. If you do get married, that's a diff...
by dziuniek
Thu Apr 18, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: leaving state job / pension. ..... bad idea?
Replies: 44
Views: 3692

Re: leaving state job / pension. ..... bad idea?

At 44, your savings seem quite low. Additionally, that's a lot of credit card debt for your income, if that's even a thing. I would stay where you are due to such a high pension monthly payment. Run the math to see how much you would need to save to get so much in monthly income. I doubt it you can ...
by dziuniek
Mon Apr 15, 2019 7:03 am
Forum: Personal Consumer Issues
Topic: Women, How Much Do You Pay for Haircut
Replies: 94
Views: 6085

Re: Women, How Much Do You Pay for Haircut

For my wife it's usually between $80 - 120, depending on where she goes. This is CT. Cut and color.
by dziuniek
Wed Apr 10, 2019 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5898

Re: Not much work at new megacorp job

Just keep on reading bogleheads... :)

Go back for your masters?
Find a certification for your field and start working towards that?
by dziuniek
Wed Apr 03, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Only need 5% down to avoid PMI. Should we put less than 20% down and put balance toward renovations?
Replies: 34
Views: 2676

Re: Only need 5% down to avoid PMI. Should we put less than 20% down and put balance toward renovations?

When we obtained our mortgage in the past, this was a REFI, we did 5% down at 4.00% without PMI - really this is just Lender Paid PMI. We could've gotten a 3.75% with PMI or something to that effect instead. Shop around for 20% down and a better rate - there should be a difference between the two. A...
by dziuniek
Wed Apr 03, 2019 11:40 am
Forum: Personal Investments
Topic: I bought a stock for the first time.
Replies: 66
Views: 4200

Re: I bought a stock for the first time.

I just bought LYFT, it cost me $7 in fees and I have almost no voting rights. I got caught up in the hype of the bell ringing and hoopla. Is there a support group for traders like there is for gamblers? :( You're one day late for April Fools. Go ahead and unload it if in taxable for a loss for tax ...
by dziuniek
Wed Apr 03, 2019 7:18 am
Forum: Investing - Theory, News & General
Topic: For the people going to cash, how long?
Replies: 20
Views: 3271

Re: For the people going to cash, how long?

Buffett indicator compares US stocks which get nearly half of the earnings overseas with exposure to faster growing global economy to US Only GDP. It is not a like to like comparison and as long as global ecpnomy grows faster than US economy, as it has for at least a few decades the metric will kee...
by dziuniek
Tue Mar 26, 2019 7:23 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 9961

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

I'm more conservative so if i did use the taxable moneys to pay off my mortgage, I wouldn't let my portfolio be 100% stocks until I plow enough into it to bring it up to 75/25 or whatever your allocation is then. I would probably rebalance right away. Would this defeat the purpose of what you're pro...
by dziuniek
Tue Mar 19, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: A used Camry or brand new Corolla?
Replies: 69
Views: 3379

Re: A used Camry or brand new Corolla?

This is anecdtoal but...

We bought a 1 year old Camry in 2016 (2015car) that was used as a fleet car before.

So a 2015 Camry SE (41k miles).

Padi $14,500 + taxes, registration, etc.

I think I did pretty well. You can too.

It now has about 85k miles on it. Nothing but oil and tires.
by dziuniek
Tue Mar 19, 2019 5:52 pm
Forum: Personal Investments
Topic: Best Way To Save For Kids Future If They May Not Go To College
Replies: 26
Views: 1893

Re: Best Way To Save For Kids Future If They May Not Go To College

So... worst case:

- withdraw contributions no problem.
- gains taxes at regular tax rate + 10% penalty.

Hardly the end of the world.