Search found 31 matches

by momopi
Mon Jun 18, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on House Purchase
Replies: 13
Views: 1890

Re: Sanity Check on House Purchase

When I read the post all I saw were numbers.

What do you like/love about this house?

Prices have gone up a lot since 2011. Are you OK with buying now if the RE market goes into downturn couple years from now?
by momopi
Wed Jun 13, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Some questions about purchasing earthquake insurance in CA
Replies: 10
Views: 1166

Re: Some questions about purchasing earthquake insurance in CA

Take the insurance quotes/policies to your local State Farm insurance office and speak to an agent. I ended up buying through them and CEA policies cannot be paid via monthly installments, lump sums only.
by momopi
Wed Jun 13, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7885

Re: Boring Job

Okay everyone looking for some advice. Just graduated from college a few months back and landed my first job. At first I was really enjoying the job and excited to go to work but now I have been assigned to a task that only takes about 2 hours of actual work per day. I come from a job where I could...
by momopi
Wed Jun 13, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 20360

Re: Who uses the 3 fund portfolio ?

I have had the Three Fund Portfolio since 2006 when I unfortunately sold my last individual stock holding - AAPL - to be all in. At 50/50, I thought it would be a SWAN portfolio but the thought of what could have been with my AAPL shares sometimes keeps me up at night. You can't think like that wit...
by momopi
Wed Jun 13, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 4015

Re: Best use for a $2k raise for a middle-income teacher

<snip> That being said, my question : Am I sufficiently on-track for retirement that I’d be better off putting a $2000 raise towards intermediate or emergency fund savings than into a 457? I assume the $2,000 is a surplus from your annual budget and not a monthly raise? My suggestions will be a bit...
by momopi
Wed Jun 13, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 9440

Re: Getting killed on taxes - any ideas?

Hello everyone, So here's my situation. My wife and I are in our 30s. We got a late start earning because we both went to graduate school. We still have student loan debt but are aggressively paying that off and it should be done in the next year. We are maxing our 401ks (she is limited to 10K due ...
by momopi
Mon Jun 11, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: ACH fraud to savings account
Replies: 1
Views: 456

ACH fraud to savings account

Over the past few years I've had several unauthorized/fraudulent charges to my bank credit card checking account. Each time we've had to change the account number. I've set up fraud alerts for the accounts. Today I received notice from the bank about exceeding x transfers/month on savings account. U...
by momopi
Fri Jun 01, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about selling investment RE and buying NLY
Replies: 10
Views: 937

Re: Questions about selling investment RE and buying NLY

Thank you Everyone for your reply. To clarify, I intend to put most of my real estate sale gains into relatively conservative (cash/CD/money market/etc) accounts and not NLY. NLY has a DRIP program that's $1,000 to start + $250/month minimum. I was thinking about starting a DRIP investment with them...
by momopi
Thu May 31, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about selling investment RE and buying NLY
Replies: 10
Views: 937

Questions about selling investment RE and buying NLY

Hello Everyone, I'm currently in the process of selling 2 investment houses and can use some financial advice. Both properties were purchased about 8 years ago and have since tripled in value. My current intention is to sell them, pay the capital gains tax and bank the cash. I plan to use the cash l...
by momopi
Thu Feb 07, 2008 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: One more MAC thread
Replies: 27
Views: 5997

I'm not sure about "NeoOffice", but the Mac ports of OpenOffice is located here: http://porting.openoffice.org/mac/download/index.html Most people only use office suite for word processing >80% of the time, and I like AbiWord: http://www.abisource.com/download/ IMO a Mac is just a computer like any ...
by momopi
Thu Feb 07, 2008 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Low usage long distance service
Replies: 12
Views: 2542

For LD calls, I use Skype or Gizmo Project (VoIP).
http://gizmoproject.com/

You can plug a phone into one of these:
http://store.voxilla.com/voip-products/ ... ocked.html
by momopi
Wed Dec 19, 2007 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Please tell me where my car-buying logic is wrong
Replies: 41
Views: 8979

My 1996 Accord has over 240k miles on it. I paid a couple hundred to have the car repainted recently, and replaced the wheel covers with cheap 3rd party parts. A trip to the car wash and it looks nice and shiny. But I also spend good money to maintain the car. I replaced the radiator, temperature se...
by momopi
Wed Dec 19, 2007 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Car Topic: Manual or Auto?
Replies: 45
Views: 9705

My first Honda Civic had optional A/C that costs $1500 :shock: I prefer to buy automatic because if I need to loan the car to someone, that person doesn't always know how to drive a stick. Of course, if you don't want others to drive your car, then buying a stick would be perfect. Gas economy would ...
by momopi
Tue Dec 18, 2007 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on portfolio given unique circumstances
Replies: 29
Views: 4948

What sort of investments might yield the high returns I'm looking for? I hear what you're all saying about individual stocks, but during the dot com bust I had my savings in two growth mutual funds (not with Vanguard). I lost 60% of my portfolio that year. So in my mind mutual funds are as risky as...
by momopi
Tue Dec 18, 2007 6:55 pm
Forum: Investing - Theory, News & General
Topic: World Food Stocks Rapidly Dwindling
Replies: 63
Views: 12752

SamGamgee wrote: What kind of senario are you envisioning needing these in? Where do you live (urban/suburban/rural) ?
Suburban, South Orange County, California.

There's a large earthquake fault to the East and North...
by momopi
Tue Dec 18, 2007 2:44 pm
Forum: Investing - Theory, News & General
Topic: World Food Stocks Rapidly Dwindling
Replies: 63
Views: 12752

There's some nature / "open space" reserve within hiking distance to my home, where very few people actually go hiking. I take bags of potatoes that have sprouted and bury them on the hills. If there's a real food crisis I will, um, take a shovel & backpack and go hiking. All kidding aside, we shoul...
by momopi
Tue Dec 18, 2007 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Oil Stock or fund
Replies: 7
Views: 1995

Re: Oil Stock or fund

What is the best way to invest in the major oil companies? Are there only a handful? Is there a mutual fund? Many thanks. Depends on your risk tolerance. There are plenty of energy sector funds, as well as individual stocks. There's also natural gas, and its ammonia byproduct which is made into nit...
by momopi
Tue Dec 18, 2007 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in CHINA
Replies: 22
Views: 5329

China's stock market is very speculative, and the best way to play it (IMO) is to treat it as a slot machine. I did very well this month on LDK but, I could've just as easily lost half my $. If you want to play with Chinese stocks, use "mad money" that you can afford to lose, and NOT your retirement...
by momopi
Tue Dec 18, 2007 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on portfolio given unique circumstances
Replies: 29
Views: 4948

momopi, do you think that apple stock is a decent stock to hold for the long term (20 or 30 years?) My opinion is that individual stocks are like playing the slot machine. Sometimes you get lucky, sometimes you don't. If you feel that "too much" money is sitting in AAPL, you could sell some of it a...
by momopi
Mon Dec 17, 2007 7:36 pm
Forum: Investing - Theory, News & General
Topic: what's the problem with lots of small holdings?
Replies: 10
Views: 2088

Hi Sotol, I think that depends on the amount of $ involved. If your total account value is $8,000 and you spread it out to 12 funds, that's probably too many. But if your account is $8 million, then that's a different story. Most people don't have the time or energy to carefully study and monitor 12...
by momopi
Mon Dec 17, 2007 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on portfolio given unique circumstances
Replies: 29
Views: 4948

Re: Advice on portfolio given unique circumstances

Brand new to the site. I could use some quality advice regarding my portfolio given my unusual set of unfortunate circumstances. Age 40, on SSDI. $42.5K ROTH - Vanguard Total Stock Market Index Fund $39K - CD $5K - Vanguard Int'l Value fund $9.5K - Vanguard Total Stock Market Index Fund $2K - Vangu...
by momopi
Fri Dec 14, 2007 5:04 pm
Forum: Investing - Theory, News & General
Topic: Ten reasons to ignore Jim Cramer’s advice
Replies: 7
Views: 2653

From wikipedia: Cramer defines "mad money" as the money one "can use to invest in stocks ... not retirement money, which you want in 401K or an IRA, a savings account, bonds, or the most conservative of dividend-paying stocks." I have NO illusions that his show is about playing the slot machine. I g...
by momopi
Fri Dec 14, 2007 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Decision to Shift to DIY using Index funds?
Replies: 12
Views: 2672

A question that I'd ask is, are you happy with your financial adviser, and has he helped you make $$? My college friend's mother had a financial adviser from American Express for 20 years. He meet with her at least 2-4 times a year and go over her financial status. Her husband had an anerism (sp? bl...
by momopi
Fri Dec 14, 2007 2:00 pm
Forum: Investing - Theory, News & General
Topic: Gold is on a rampage
Replies: 161
Views: 41767

I went to a holiday lunch with my coworkers yesterday. One of the guys from another group told me that he was from South America, I think Ecuador? He said when inflation was rampant there, his father would take his paycheck and buy lots of propane (?) tanks and store them in the garage. Then as the ...
by momopi
Fri Dec 14, 2007 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds -> VG: What to keep, what to cut?
Replies: 28
Views: 6314

IMO your portfolio has too many funds for the amount invested, consider consolidating to 3 or 4 funds. My 401(k) is with American funds. My favorite fund there is Capital World Growth & Income. I used to own Growth Fund of America, but dumped it in favor of EuroPacific Growth and New World fund coup...
by momopi
Thu Dec 13, 2007 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Windows Vista.....whaddaya think?
Replies: 105
Views: 26877

If you're installing Ubuntu, I recommend searching for the article "13 must do things on new Ubuntu 7.04 feisty fawn installation" or the updated "Creating your ultimate Ubuntu 7.10 desktop" at linuxonesktop blog. Sorry I cannot post link here yet so you'd have to search for it. As for XP vs. Vista,...
by momopi
Thu Dec 13, 2007 7:00 pm
Forum: Investing - Theory, News & General
Topic: How to invest 1 million dollars?
Replies: 12
Views: 3984

Disclaimer: I'm not a professional financial adviser, the follow is what I'd do if I was in your situation. I'm not sure what the tax situation is on your inheritance. But assuming the after-tax amount is roughly $1 million dollars, I would: 1) If I owned a home with 30-year mortgage, and have at le...
by momopi
Thu Dec 13, 2007 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Spain adn solar energy
Replies: 26
Views: 4341

I live in Southern CA, about 2 hours away from the Palm Springs wind farm. Recent advances in wind and solar tech has made them a lot more efficient than before. However the one most important factor is still geography. Wind and solar only works in some areas but not others, and superconductivity ov...
by momopi
Thu Dec 13, 2007 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: buying your first home with 100% down...
Replies: 20
Views: 3968

This is a pretty complicated issue. My personal belief is that: 1) Your primary residence should not be treated as an investment property. Its first and foremost purpose is to be a "home" where you'd feel comfortable and secure. 2) When getting a mortgage for your home, you should use 15-year fixed ...
by momopi
Wed Dec 12, 2007 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Critique
Replies: 12
Views: 2066

Hello, I'm not a professional financial consultant, so consider what I say here as what I'd do for my own account if it was similar to yours. For individual stocks, I'd have sold them on 12/10, because I had reached my profit goal for 2007 and my gut feeling is that the Feds would only cut quarter p...
by momopi
Wed Dec 12, 2007 6:50 pm
Forum: Investing - Theory, News & General
Topic: Gold is on a rampage
Replies: 161
Views: 41767

Hi all, I'm a newbie to the forum and this will be my first post. My grandparents lived through the hyper-inflation era of Post-WW2 in China, then Taiwan. From what they've told me, a common joke back then was that you'd sit at a noodle restaurant and order some noodles, by the time that the noodles...