Search found 462 matches

by Longtimelurker
Fri Oct 24, 2014 5:06 am
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1014
Views: 213068

Re: Tesla S

I LOVE the Tesla. Literally drool over it. While I could easily afford it, at 35 years old I cannot justify spending $100k on the car. So I am waiting for the Model 3. I can justify $45-$50k fully loaded.... :)

Congrats to all current owners. I am very happy for you all!
by Longtimelurker
Thu Oct 23, 2014 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit Score Question
Replies: 6
Views: 711

Credit Score Question

My wife and I are buying our first home for cash. We have no debt, and don't think we will ever have a need for debt. In those circumstances... Is there any value/point to improving credit score?
by Longtimelurker
Sun Oct 19, 2014 1:31 pm
Forum: Personal Consumer Issues
Topic: Mold in dishwasher
Replies: 14
Views: 5415

Re: Mold in dishwasher

A good way to clean:

Put a cup full of white vinegar face up and run a cycle on the hottest setting. Should eliminate any remaining, unseen, mold.
by Longtimelurker
Tue Oct 14, 2014 6:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12408
Views: 2142266

Re: U.S. stocks in freefall

I predict the market will go down more before it goes up, unless it goes up more before it goes down. You all have been warned. Maybe I should start a news letter?
by Longtimelurker
Sun Oct 12, 2014 7:02 am
Forum: Personal Consumer Issues
Topic: What have you done to cut costs this year?
Replies: 134
Views: 18548

Re: What have you done to cut costs this year?

I moved from Hoboken NJ to SC. The following are my savings: All per mo: - rent: $1100 - parking: $185 - car insurance: $120 - utilities: $60 - entertainment/dinning: $500 - shopping: $300 Total: $2265 My monthly savings is now $8k - $11k per month. We are looking at buying a home for cash, which wo...
by Longtimelurker
Fri Oct 10, 2014 10:33 am
Forum: Investing - Theory, News & General
Topic: Headed for a 300+ point loss today?
Replies: 464
Views: 59283

Re: Headed for a 300+ point loss today?

People need to calm down. We have been in the 3rd longest bull run without a correction ever.... A correction is healthy. It gets nervous people to sell until enough folks with conviction put a floor under the market. But even more important than that market dynamic is the fact that we all are owner...
by Longtimelurker
Mon Aug 25, 2014 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Help Requested - home purchase "cash" or mortgage
Replies: 8
Views: 1697

Re: Help Requested - home purchase "cash" or mortgage

To paraphrase a bumper sticker "Life Happens". With 35 years until the RMD's start there is plenty that could happen, both good and bad, that would cause you not have an excess of money then. If nothing else you might decide to retire earlier than you are expecting when you realize that you can. Co...
by Longtimelurker
Mon Aug 25, 2014 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Help Requested - home purchase "cash" or mortgage
Replies: 8
Views: 1697

Re: Help Requested - home purchase "cash" or mortgage

Why would I have to pay taxes in the year I take the withdrawal? Taxes aren't filed till the following year.
by Longtimelurker
Sun Aug 24, 2014 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help Requested - home purchase "cash" or mortgage
Replies: 8
Views: 1697

Re: Help Requested - home purchase "cash" or mortgage

The loan costs should be offset from the returns on a low-risk investment. While you are paying 2.5% interest on your loan (presumably a five-year ARM), tax deductible, you could be earning 1.54% tax-free on Short-Term Investment-Grade, which has about the same duration as a mortgage paid off in fi...
by Longtimelurker
Sun Aug 24, 2014 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help Requested - home purchase "cash" or mortgage
Replies: 8
Views: 1697

Re: Help Requested - home purchase "cash" or mortgage

Is the $26,455 interest payments on the loan? You can decrease this number a lot by paying off faster. Yes. That is the interest over 5 years. That can be decreased by paying off faster. Is there a down payment involved? Yes. The $200k in cash is the down payment highlighted in the mortgage scenari...
by Longtimelurker
Sun Aug 24, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help Requested - home purchase "cash" or mortgage
Replies: 8
Views: 1697

Help Requested - home purchase "cash" or mortgage

Hi all - I am really struggling with a decision that I will have to make in the next 6-months. I need to decide if I want to take a mortgage or use "cash" (in quotes because the sources include a raid on retirement funds). Some key points in my thought process: 1: Retirement is well ahead of schedul...
by Longtimelurker
Wed Aug 13, 2014 3:50 pm
Forum: Personal Investments
Topic: Attention South Carolina Residents - 529 Plan
Replies: 5
Views: 1767

Attention South Carolina Residents - 529 Plan

I know, i know, I left the board. Howerver, after my move I did some research on 529 plans and OMG.. South Carolina's is AMAZING. So, I wanted to get the word out. If you live in South Carolina you should look into this plan. The highlights: - Cheaper then the Vanguard (Nevada) plan - Flexible Age-B...
by Longtimelurker
Tue Jul 29, 2014 3:23 pm
Forum: US Chapters
Topic: Goodbye and Good Luck!
Replies: 12
Views: 3345

Goodbye and Good Luck!

Bogleheads - from myself and my family; thank you for all you have done for us. I joined this forum over 3 years ago. In that time I have learned how to invest properly, and fortified my discipline. I have reached a zen-like calm with respect to my portfolio and investment strategy. I have set mysel...
by Longtimelurker
Mon Jul 28, 2014 1:23 pm
Forum: Personal Investments
Topic: Young investor blending SUBH and Minimized Fat Tails?
Replies: 41
Views: 3993

Re: Young investor blending SUBH and Minimized Fat Tails?

One additional thought. At 28 with $200k, an estimated 7% real return, and your $35k contributions per year - in 31 years you will have $5.45m in todays dollars. If you did a perpetual withdrawal rate of 3%, you could take $163,500 per year from this portfolio in todays dollars, adjusted for inflati...
by Longtimelurker
Mon Jul 28, 2014 1:16 pm
Forum: Personal Investments
Topic: Young investor blending SUBH and Minimized Fat Tails?
Replies: 41
Views: 3993

Re: Young investor blending SUBH and Minimized Fat Tails?

Congratulations on making it to the third stage of competence at such a young age. That is something to be proud of. That said, its not called "evolving to simplicity" for nothing... Target Date are fantastic funds, and the 0.19% ER is excellent. If you had the inclination to tilt to small or value,...
by Longtimelurker
Mon Jul 28, 2014 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 4878

Re: Selling House - Do We Need a Listing Broker?

OP - also please be aware of all local laws. For instance, if you have a bedroom in the basement, but it does not meet local standards - and you advertise it as a "bedroom" - the buyer has every right to sue you. They would win easily on any provable misrepresentation. This is part of the reason Re...
by Longtimelurker
Mon Jul 28, 2014 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 4878

Re: Selling House - Do We Need a Listing Broker?

OP - also please be aware of all local laws. For instance, if you have a bedroom in the basement, but it does not meet local standards - and you advertise it as a "bedroom" - the buyer has every right to sue you. They would win easily on any provable misrepresentation. This is part of the reason Rea...
by Longtimelurker
Mon Jul 28, 2014 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 4878

Re: Selling House - Do We Need a Listing Broker?

Run down the comps in your area to be able to price your home appropriately... Hi sunnyd, I've been curious about the best way to do comps...and also the cheapest way. I've seen comps done during actual appraisals, but what if one isn't in the market yet -- with no plans of selling for a few years ...
by Longtimelurker
Mon Jul 28, 2014 11:13 am
Forum: Personal Investments
Topic: Where to place 2nd tier emergency fund
Replies: 16
Views: 2347

Re: Where to place 2nd tier emergency fund

I am a huge fan of I-Bonds for this purpose. Beware, you cannot redeem them within the fist 12-months.

Tier 3 I use my brokerage, which has a healthy dose of Vanguard Tax Exempt Intermediate.
by Longtimelurker
Mon Jul 28, 2014 7:39 am
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 9246

Re: Do any boggleheads invest in individual companies?

Does anybody hold individual companies, as a portion of your portfolio? No. I see no reason to take on uncompensated risk. Why drive a car without buckling your seatbelt? Seems nearly moronic to me. Anybody with a riskier 80/20 Stocks to bonds?? No. I follow Ben Grahams rule of thumb. Never more th...
by Longtimelurker
Mon Jul 28, 2014 3:39 am
Forum: Personal Consumer Issues
Topic: Kitchen Remodel... Or Not?
Replies: 53
Views: 5220

Re: Kitchen Remodel... Or Not?

I would appreciate some collective wisdom on this. My wife and I live on the east coast in beautiful old home (130 yrs). We mostly love the house and completely love the location, but we hate the kitchen. We have spec'd out a kitchen remodel plan with a local remodeling firm, but I'm a bit hesitant...
by Longtimelurker
Mon Jul 28, 2014 3:23 am
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 4878

Re: Selling House - Do We Need a Listing Broker?

OP - If you do go FSBO, please post back here when/if you sell to share your experience. So please, do a post-mortom on this. Good luck.
by Longtimelurker
Sun Jul 27, 2014 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 4878

Re: Selling House - Do We Need a Listing Broker?

Having a wife who is a realtor I will tell you you are making a huge mistake trying to do FSBO. If all your past agent did was post your house in the internet.... They were a worthless realtor. Let me add that posting to the MLS won't get you any traffic unless you are offering a buyers agent comiss...
by Longtimelurker
Fri Jul 25, 2014 5:51 pm
Forum: Investing - Theory, News & General
Topic: If FF3 model is a true risk model, does it follow to buy SV?
Replies: 17
Views: 1565

Re: If FF3 model is a true risk model, does it follow to buy

dbr - its possible I am not using terms correctly. When I say diversification above what I am saying is that multiple sources of non-perfectly correlated growth, when combined into a portfolio, creates a smoothing effect where the portfolio StDev is reduced but the total returns of the portfolio ar...
by Longtimelurker
Fri Jul 25, 2014 2:34 pm
Forum: Investing - Theory, News & General
Topic: If FF3 model is a true risk model, does it follow to buy SV?
Replies: 17
Views: 1565

Re: If FF3 model is a true risk model, does it follow to buy

dbr - its possible I am not using terms correctly. When I say diversification above what I am saying is that multiple sources of non-perfectly correlated growth, when combined into a portfolio, creates a smoothing effect where the portfolio StDev is reduced but the total returns of the portfolio are...
by Longtimelurker
Fri Jul 25, 2014 11:54 am
Forum: Investing - Theory, News & General
Topic: If FF3 model is a true risk model, does it follow to buy SV?
Replies: 17
Views: 1565

Re: If FF3 model is a true risk model, does it follow to buy

2: Three factors are not perfectly correlated and react to different stimuli - increasing diversification Diversification, when risk taken is compensated, is the only free lunch in investing. I tilt because the 3 factors have historically been compensated, and so my free lunch is multi-course... wi...
by Longtimelurker
Fri Jul 25, 2014 11:47 am
Forum: Personal Investments
Topic: Stop Loss Orders to Protect Bond ETF NAV's
Replies: 3
Views: 858

Re: Stop Loss Orders to Protect Bond ETF NAV's

how would you know when to buy back in?
by Longtimelurker
Fri Jul 25, 2014 11:31 am
Forum: Investing - Theory, News & General
Topic: If FF3 model is a true risk model, does it follow to buy SV?
Replies: 17
Views: 1565

Re: If FF3 model is a true risk model, does it follow to buy

1: Enables larger allocation to bonds without sacrificing total performance - cutting some left tail risk 2: Three factors are not perfectly correlated and react to different stimuli - increasing diversification 3: Small across different geography's are less correlated than Large - increasing divers...
by Longtimelurker
Fri Jul 25, 2014 7:37 am
Forum: Personal Investments
Topic: Can I backdoor a Roth, if i have a Roth?
Replies: 5
Views: 913

Re: Can I backdoor a Roth, if i have a Roth?

This is not a simple answer. The contribution limits for ALL IRA's combined is $5500, or $6500 if you are properly seasoned. So if you contribute $5500 to a Roth, you cannot then contribute to a tIRA and roll it over (the traditional way to backdoor roth). HOWEVER... If your 401k allows for after-t...
by Longtimelurker
Fri Jul 25, 2014 7:20 am
Forum: Personal Investments
Topic: Can I backdoor a Roth, if i have a Roth?
Replies: 5
Views: 913

Re: Can I backdoor a Roth, if i have a Roth?

This is not a simple answer. The contribution limits for ALL IRA's combined is $5500, or $6500 if you are properly seasoned. So if you contribute $5500 to a Roth, you cannot then contribute to a tIRA and roll it over (the traditional way to backdoor roth). HOWEVER... If your 401k allows for after-ta...
by Longtimelurker
Fri Jul 25, 2014 7:14 am
Forum: US Chapters
Topic: favorite bogleheads posts?
Replies: 113
Views: 27797

Re: favorite bogleheads posts?

Any post from Longtimelurker. Brilliant guy. I agree with everything he has posted.
by Longtimelurker
Fri Jul 25, 2014 7:11 am
Forum: Investing - Theory, News & General
Topic: i bonds or EE bonds?
Replies: 48
Views: 11206

Re: i bonds or EE bonds?

Angst - I get how the math works. I simply am unwilling to lock in a FI instrument for 20 years in nominal terms. A lot of things can happen in 20 years, and there are more attractive options available to protect yourself in real terms.
by Longtimelurker
Fri Jul 25, 2014 3:56 am
Forum: Investing - Theory, News & General
Topic: i bonds or EE bonds?
Replies: 48
Views: 11206

Re: i bonds or EE bonds?

two problems with building your own annuity from EE Bonds.

1: Inflation
2: the doubling period changes with interest rates, likely creating gap years. Sure you can hold on to EE a couple years past doubling, but that further lowers your return.
by Longtimelurker
Thu Jul 24, 2014 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Rich Spouse, Poor Spouse [Tax filing apportionment]
Replies: 77
Views: 9241

Re: Rich Spouse, Poor Spouse

My wife and I have an income disparity. I pay the bills and savings goals. She pays for fun stuff. We file jointly. We are happy. Why stress?
by Longtimelurker
Thu Jul 24, 2014 12:19 pm
Forum: Investing - Theory, News & General
Topic: Primer on slice and dice alternatives to total bond market?
Replies: 12
Views: 1757

Re: Primer on slice and dice alternatives to total bond mark

I keep my bonds investment grade only, my duration under 5 years, and ensure 30%+ is inflation indexed. To accomplish this I use three instruments currently: IBonds TBM Vanguard Intermediate Term Muni Admiral At some point I may begin to add TIPS. This is as "sliced" as I want to be. Bonds are for s...
by Longtimelurker
Thu Jul 24, 2014 12:15 pm
Forum: Personal Investments
Topic: 500K Sitting in a Bank Account
Replies: 17
Views: 2526

Re: 500K Sitting in a Bank Account

I would have a conversation with my siblings and all agree to a plan. Write it down. All sign it.
by Longtimelurker
Thu Jul 24, 2014 10:16 am
Forum: Personal Investments
Topic: Good 401(k) for an 11 year-old!
Replies: 7
Views: 993

Re: Good 401(k) for an 11 year-old!

I plan on "paying" my 5 week old daughter $5500 per year for advertising for my Wife's real estate business. I plan to file a tax return and contribute 100% of those funds into a Roth IRA at Vanguard.
by Longtimelurker
Thu Jul 24, 2014 10:13 am
Forum: Personal Investments
Topic: Do you split in-state and national munis? If so, how?
Replies: 16
Views: 1212

Re: Do you split in-state and national munis? If so, how?

No. I believe single state risk and added complexity is not worth the state tax deduction. I use Vanguard Intermediate Term Muni Admiral.
by Longtimelurker
Thu Jul 24, 2014 9:30 am
Forum: Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 4543

Re: Where is your brokerage account?

I use Vanguard. Own:

VT (Vanguard Total World)
VSS (Vanguard Intl Small Cap)
VSIAX (Vanguard small value admiral)
VWIUX (Vanguard Intermediate term tax exempt admiral)

Simple, effective diversification.
by Longtimelurker
Thu Jul 24, 2014 9:29 am
Forum: Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 4543

Re: Where is your brokerage account?

TDAmeritrade, they bought out my local low cost broker. Never bothered to change. Son has Vanguard and Sharebuilder. I am interviewing ML for one of our accounts because I am spending way too much effort in trading. -I am also looking for ideas, specialized services, and handholding. May as well pa...
by Longtimelurker
Thu Jul 24, 2014 7:48 am
Forum: Investing - Theory, News & General
Topic: The article on tax efficient placement needs to be rewri
Replies: 75
Views: 6213

Re: The article on tax efficient placement needs to be rewri

Some things I do. - Hold 64.5% of my "taxable" (which includes I-Bonds. Really the category is "highly liquid" but for purposes of this conversation..). This is IBonds, a 0.75% savings account, and Vanguard Intermediate Muni Admiral. With a 35/65 AA in "taxable" or "highly liquid," and a potential h...
by Longtimelurker
Tue Jul 22, 2014 1:35 pm
Forum: Personal Investments
Topic: Slice and Dicers -- Plans when you can't manage it anymore?
Replies: 38
Views: 3509

Re: Slice and Dicers -- Plans when you can't manage it anymo

My instructions to my wife are simple. Take my spreadsheet and go to Vanguard and have them set up the go forward portfolio.
by Longtimelurker
Tue Jul 22, 2014 1:25 pm
Forum: Personal Investments
Topic: Evaluating Vanguard CFP Recommendations
Replies: 23
Views: 2718

Re: Evaluating Vanguard CFP Recommendations

If you want simple 60/40 portfolio then its cheaper, and just as easy, to buy https://personal.vanguard.com/us/funds/snapshot?FundId=0914&FundIntExt=INT That said, muni's break-even is at the 25% marginal tax rate historically. I don't think you are above that, so the taxable bond allocation makes s...
by Longtimelurker
Tue Jul 22, 2014 6:58 am
Forum: Investing - Theory, News & General
Topic: Poll: Has your AA changed in the last 18 months
Replies: 58
Views: 5060

Re: Poll: Has your AA changed in the last 18 months

Very interesting results. 1: Clearly the largest population of Bogleheads are staying the course. Great discipline. 2: The second largest population are Bogleheads adjusting their AA because the run up in equities allowed them to de-risk in achieving their goals. Congrats 3: The third largest popula...
by Longtimelurker
Mon Jul 21, 2014 9:31 am
Forum: Investing - Theory, News & General
Topic: Value Overvalued
Replies: 23
Views: 3287

Re: Value Overvalued

Aren't these the same guys that are at the top of this list? Bogleheads: It is dangerous to use bank investment recommendations: Bank Settlements in BILLIONS of dollars Best wishes Taylor Okay, I get it. I'm going to delete all these bank investment pdfs from my computer, stop wasting my time searc...
by Longtimelurker
Mon Jul 21, 2014 8:54 am
Forum: Investing - Theory, News & General
Topic: Value Overvalued
Replies: 23
Views: 3287

Re: Value Overvalued

The point of all of this is to try to make the reader feel that the markets are very complex and predictable. The obvious conclusion is to invest with the smart people who put these charts together. Too bad performance doesn't prove that out... in fact proves the opposite.
by Longtimelurker
Mon Jul 21, 2014 7:32 am
Forum: Personal Consumer Issues
Topic: The ultimate Boglehead exercise
Replies: 30
Views: 4918

Re: The ultimate Boglehead exercise

Yoga + Running + Swimming
by Longtimelurker
Mon Jul 21, 2014 7:23 am
Forum: Personal Investments
Topic: Your allocation to Emerging Market small cap ETFs?
Replies: 15
Views: 2916

Re: Your allocation to Emerging Market small cap ETFs?

I own VSS and EWX. Both have emerging small and developed small.

VSS: 88% Developed / 12% Emerging
EWX: 33% Developed / 66% Emerging