Search found 3652 matches

by Jags4186
Sat Sep 14, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Move up in house?
Replies: 22
Views: 1840

Re: Move up in house?

NextMil wrote:
Sat Sep 14, 2019 8:04 pm
Pretty sure all in, but does it matter? Going to do some modeling Monday with lender.
Of course it matters. My PITI is half “PI” and half “TI”. If you’re in a similar position and your PI is 20% gross making your PITI 40% of gross...then no the house is too expensive.
by Jags4186
Sat Sep 14, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Move up in house?
Replies: 22
Views: 1840

Re: Move up in house?

Lender says that it would be about 20% of gross pay on a 30. We are young members of the two comma club, and have young children. House is ten minutes away from current home. Same school district. Neighborhood just has too much traffic. I think that should answer most questions. We worked hard to g...
by Jags4186
Sat Sep 14, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Selling an old player piano and lots of song rolls
Replies: 17
Views: 1132

Re: Selling an old player piano and lots of song rolls

There is a museum in Phoenix Arizona called the Music Instrument Museum (MIM). They have a huge collection of player pianos and paper rolls and related materials. Try calling them. They might want your old piano or the paper rolls or both. https://mim.org/ Good Luck Additionally there is this place...
by Jags4186
Fri Sep 13, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Move up in house?
Replies: 22
Views: 1840

Re: Move up in house?

We could be more helpful if we knew actual numbers
by Jags4186
Fri Sep 13, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5474

Re: Whistleblowing / Going Rogue at Work

This whole thing is crazy. Your #1 job as an employee is to make your boss look great to his boss. I disagree vehemently with this assessment of what work is about. Almost all of us have jobs to do that are not marketing our supervisors. I'm all for cooperation and productivity, but in my entire li...
by Jags4186
Fri Sep 13, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5474

Re: Whistleblowing / Going Rogue at Work

This whole thing is crazy. Your #1 job as an employee is to make your boss look great to his boss. You should have been working with your direct supervisor to address these issues. If the direct supervisor was not willing to work with you to come to a resolution you should either have kept your mou...
by Jags4186
Fri Sep 13, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 5474

Re: Whistleblowing / Going Rogue at Work

This whole thing is crazy. Your #1 job as an employee is to make your boss look great to his boss. You should have been working with your direct supervisor to address these issues. If the direct supervisor was not willing to work with you to come to a resolution you should either have kept your mout...
by Jags4186
Fri Sep 13, 2019 8:11 am
Forum: Personal Investments
Topic: Big swing in ROI, very volatile
Replies: 13
Views: 672

Re: Big swing in ROI, very volatile

I noticed that my returns the past 5 years have been very volatile. 2015: -12.27% 2016: 18.40% 2017: 25.47% 2018: -13.53% 2019: YTD 30.05% Yes I am all in equity investments, no bonds. I am wondering if these returns are “normal” for those years. I have 20 more years until I retire so I am not too ...
by Jags4186
Wed Sep 11, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone offer ultra-high deductible insurance plans?
Replies: 17
Views: 1560

Re: Does anyone offer ultra-high deductible insurance plans?

Like I said, I carry a $1000 deductible. If I had a $1200 problem I wouldn’t file a claim. If I had a $5000 problem I would. Not because I don’t have $5000, but because I’d rather pay a few dozen dollars more a year to avoid a potential $5000 expense. Like I said, I would consider the risk that you...
by Jags4186
Wed Sep 11, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone offer ultra-high deductible insurance plans?
Replies: 17
Views: 1560

Re: Does anyone offer ultra-high deductible insurance plans?

My homeowners insurance is $770/yr with a $1k deductible. Let’s say I raised my deductible to $20k...what realistically could my premium drop to? $350? $200? Let’s say it’s $200... I’d have to go over 33 years without any problems to break even. It’s just not worth it the risk. The risk of you havi...
by Jags4186
Wed Sep 11, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone offer ultra-high deductible insurance plans?
Replies: 17
Views: 1560

Re: Does anyone offer ultra-high deductible insurance plans?

Our homeowner's insurance is multiples higher than yours because that is what insurance is in our area. A 50% reduction would be a big deal. Of course, you need to do your own risk/reward or breakeven analysis. If you’re HO premium is $5,000/yr, dropping to $2,500/yr is a big deal. In fact, $2500 c...
by Jags4186
Wed Sep 11, 2019 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone offer ultra-high deductible insurance plans?
Replies: 17
Views: 1560

Re: Does anyone offer ultra-high deductible insurance plans?

I have everything with State Farm ( auto,home and umbrella ) and their highest deductible is only $5k. I was hoping they had something like $20k or even higher. I wonder why no one offers that? The premiums would be very low and you would save $$$$ over the course of your lifetime. A lot of the ins...
by Jags4186
Wed Sep 11, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone offer ultra-high deductible insurance plans?
Replies: 17
Views: 1560

Re: Does anyone offer ultra-high deductible insurance plans?

I have everything with State Farm ( auto,home and umbrella ) and their highest deductible is only $5k. I was hoping they had something like $20k or even higher. I wonder why no one offers that? The premiums would be very low and you would save $$$$ over the course of your lifetime. A lot of the ins...
by Jags4186
Tue Sep 10, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Frustrated with Vanguard advisory service] Procedures on Death of a Spouse
Replies: 47
Views: 4268

Re: Vanguard Insane (?) Procedures on Death of a Spouse

Perhaps someone - so many here seem to think Vanguard can do no wrong , blah blah blah - can give me a reason (one that does not provide legal CYA as an excuse) for why Vanguard would do this. Actually, I think the general consensus here is that Vanguard is a pretty poor custodian. They are however...
by Jags4186
Tue Sep 10, 2019 3:39 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (August 2019)
Replies: 5
Views: 476

Re: madsinger monthly report (August 2019)

Since it is so popular on the board it would be great if you could add HEDGEFUNDIE's 55/45 UPRO/TMF portfolio to the list.

Your posts are great thanks for everything!
by Jags4186
Mon Sep 09, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4078
Views: 753592

Re: What's Your Credit Card Rewards Strategy?

I want to replace our BofA Travel Rewards (I'm tired of their fraud detection. Burned me one too many times. I've tried working with them, but any time I have to buy something like limited number of concert tickets, I seem to get burned). Currently have Amex Blue Cash Preferred. Debating getting Co...
by Jags4186
Mon Sep 09, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding Gift
Replies: 1
Views: 402

Re: Wedding Gift

tomd37 wrote:
Mon Sep 09, 2019 8:12 pm
We would like to send a monetary gift to a couple in the United Kingdom. However, we are not sure what is the best way to do this. Can you all offer suggestions please.
Western Union
by Jags4186
Mon Sep 09, 2019 7:08 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4697
Views: 1204976

Re: What Movie Have You Recently Watched?

Ready or Not

It was great!
by Jags4186
Mon Sep 09, 2019 4:38 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 111
Views: 9100

Re: 5% Withdrawal Rate Recommended by US News Columnist

If you have more money, much more money, than you need then there is no reason not to take out 5%, 6%, 7%, even 8% of your portfolio. What matter’s most is what this money is used for. If you, for example have $100,000 in annual expenses and $10,000,000 why can’t you give $500,000 to charity a year?...
by Jags4186
Mon Sep 09, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Piano advice
Replies: 9
Views: 644

Re: Piano advice

Is it cracked in that it makes an odd noise when it is played? Or is it just hairline cracks from age? If it makes a rattling or funny noise the instrument is essentially worthless. Maybe someone will pick it up for free.
by Jags4186
Sun Sep 08, 2019 8:09 pm
Forum: Personal Investments
Topic: How to beat 2% safely?
Replies: 49
Views: 5827

Re: How to beat 2% safely?

My rate is 3.5 but I am nervous about tying up that much in my current home. What if there is a rescession? Money is fungible. If there is a recession and your home drops in value, you’ve lost the same amount of money whether or not you paid off your mortgage or kept the mortgage and the cash in th...
by Jags4186
Sun Sep 08, 2019 11:59 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 116
Views: 11553

Re: VTIAX International fund - should I give up on it?

Lot of posts in this thread parroting the "recency bias" fallacy. 200 years ago the US was not even a top 10 economy, and even in the late 19th century was still behind Britain. It has absolutely outperformed in the past 1-2 centuries. Yes. The US also has significant cultural, demographic, and geo...
by Jags4186
Sun Sep 08, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4078
Views: 753592

Re: What's Your Credit Card Rewards Strategy?

I got a targeted offer from Chase Ink business offering $2,000 cash back for spending $50k within 6 months of account opening. Best CC cash back deal I’ve ever seen. Anyone else get this? That’s only a 4% bonus. If you’re adverse to opening many cards and can easily hit that spend it’s fine, but yo...
by Jags4186
Sun Sep 08, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4078
Views: 753592

Re: What's Your Credit Card Rewards Strategy?

I’m currently hitting the AMEX Blue Business Cash. We received 15,000 Membership Rewards points when my wife referred me. I then will receive 2% cashback and $500 bonus after spending $15,000 in 12 months. We have some significant expenses coming up which will basically hit that $15k in the next 30 ...
by Jags4186
Sat Sep 07, 2019 6:55 pm
Forum: Personal Consumer Issues
Topic: eBay Doesn't match Description or Photos or Missing Parts
Replies: 17
Views: 853

Re: eBay Doesn't match Description or Photos or Missing Parts

The seller is better off just not sending you anything than try to mess with the sale after getting a price too low. Are you certain you bid on every item in the picture and not just one of many available widgets? I agree. If the seller didn't like the ending price, why not just cancel the sale, is...
by Jags4186
Sat Sep 07, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: eBay Doesn't match Description or Photos or Missing Parts
Replies: 17
Views: 853

Re: eBay Doesn't match Description or Photos or Missing Parts

The seller is better off just not sending you anything than try to mess with the sale after getting a price too low. Are you certain you bid on every item in the picture and not just one of many available widgets?
by Jags4186
Sat Sep 07, 2019 4:44 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 116
Views: 11553

Re: VTIAX International fund - should I give up on it?

Lot of posts in this thread parroting the "recency bias" fallacy. 200 years ago the US was not even a top 10 economy, and even in the late 19th century was still behind Britain. It has absolutely outperformed in the past 1-2 centuries. Yes. The US also has significant cultural, demographic, and geo...
by Jags4186
Sat Sep 07, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Did I commit a tipping faux pas?
Replies: 99
Views: 10679

Re: Did I commit a tipping faux pas?

My takeaway from the earlier post was that Disney still “suggests” a full service sized tip for a Disney buffet. I’ll stick with your Emily Post recommendation, but thanks Disney :) . On the other hand, Disney tipped servers get stiffed from tips regularly from a large proportion of European and ot...
by Jags4186
Fri Sep 06, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: Explaining the Demise of Value Investing
Replies: 239
Views: 13490

Re: Explaining the Demise of Value Investing

Where’s the article on the demise of international investing?
by Jags4186
Fri Sep 06, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Dimishing value help!
Replies: 21
Views: 1205

Re: Dimishing value help!

My wife got in a car accident about a week ago. She was making a left at intersection and a older man (95 years old) ran the red light. My wife didn't have enough time to stop as she was making a left and hit the guy in on back driver side. A little hard to understand what exactly happened based on...
by Jags4186
Fri Sep 06, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Downside to Using an Authorized User Card - Not Earning Rewards
Replies: 20
Views: 1141

Re: Downside to Using an Authorized User Card - Not Earning Rewards

I also know that Amex reward offers only apply to the primary card holder, not the authorized user. AMEX offers are linked to the card number. As you are aware authorized users on American Express have unique card account numbers. This means that AMEX offers added to the primary card will not trigg...
by Jags4186
Fri Sep 06, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: "The Callan Periodic Table of Investment Returns"
Replies: 33
Views: 3448

Re: "The Callan Periodic Table of Investment Returns"

What I don’t like about the chart is it doesn’t give you an idea of magnitude. Take a look at 2015, the difference between the best performance asset class and the worst performing was about 16%. Compare it to 2009 where the difference between best and worst is nearly 80%. What would be really inter...
by Jags4186
Fri Sep 06, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Did I commit a tipping faux pas?
Replies: 99
Views: 10679

Re: Did I commit a tipping faux pas?

The last time we moved the movers showed up 6 hours late and then charged me extra because they used a lot of “materials” (i.e. tape to wrap furniture and such). I still tipped them $20 each and felt I was getting ripped off. I didn’t want a brick through a window one day. I don’t really care if the...
by Jags4186
Fri Sep 06, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Percentage Calculation
Replies: 51
Views: 2953

Re: Savings Percentage Calculation

Thank you all for the replies. I guess I just wanted to know how a savings% is calculated. I do not use it myself as a budging tool to save. Like others, my main goal is to maintain an emergency fund with 1 year of expenses, and contribute to the max annually to my 401k, Roth IRA, and HSA, then wit...
by Jags4186
Fri Sep 06, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

lostdog wrote:
Fri Sep 06, 2019 1:43 pm
At least you admit to having a crystal ball. Didn't Jack Bogle say, "No one know nuthin ". Funny how some bogleheads throw even Jack's principles out the window.
Jack certainly did say “no one knows nothing.” Then he went on to give us his opinion on a variety of investing topics. :happy
by Jags4186
Fri Sep 06, 2019 2:02 pm
Forum: Personal Investments
Topic: Middle Age people with low savings need to take on more investment risk than is normal?
Replies: 52
Views: 5332

Re: Middle Age people with low savings need to take on more investment risk than is normal?

She should begin investing monthly and be 100% equities. She has nothing to lose and everything to gain at this point. She actually should hope for a nice drop in equities to hopefully juice returns going forward.
by Jags4186
Fri Sep 06, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

I know :happy I’m just pointing out that one only rebalances into international with the hope that it will eventually perform better. We have no evidence that this will happen. Not true at all. I invest in the total (world) market at weight to get total market returns. I can guarantee that looking ...
by Jags4186
Fri Sep 06, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

Again, I'm not saying that in theory holding international is good thing. I'm saying in practice it has not been a good thing. You did not benefit from holding international. Your returns during the 2000s may have been better, but since you have been investing for 35 years, you should be aware that...
by Jags4186
Fri Sep 06, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

If you expect internationals to perform similarly to US stocks, and international has greatly underperformed US Stocks for decades, then you must expect internationals to outperform us equities going forward in order to even the playing field. If you believe the market is a random walk, the above i...
by Jags4186
Fri Sep 06, 2019 11:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

Perform better than how it's been performing recently? I have every expectation that Intl will produce a real, positive return over my multi-decade holding period. I have both historical and fundamental evidence to back up that claim. Perform better than US? No, I don't rebalance because I expect i...
by Jags4186
Fri Sep 06, 2019 11:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

How long do you sit watching a dead worm hoping it will turn? This worm is not dead, he's just restin' (with apologies to Eric Idle). Seriously, I have patience. I have been doing this for 35 years and it always changes. So easy to forget that International and Bonds saved most people's portfolios ...
by Jags4186
Fri Sep 06, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

If anything, constant rebalancing into intl is performance chasing—hoping it will “average up” at some point. Buying more of the asset that has performed poorly is quite literally the opposite of chasing performance. I know :happy I’m just pointing out that one only rebalances into international wi...
by Jags4186
Fri Sep 06, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

I don’t think there’s any reason to jump on a Bluce for dumping intl. International has been a dumpster fire. Diversification is only good if it helps you. Intl diversification hasn’t helped. If anything, constant rebalancing into intl is performance chasing—hoping it will “average up” at some poin...
by Jags4186
Fri Sep 06, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047447

Re: U.S. stocks in free fall

I don’t think there’s any reason to jump on a Bluce for dumping intl. International has been a dumpster fire. Diversification is only good if it helps you. Intl diversification hasn’t helped. If anything, constant rebalancing into intl is performance chasing—hoping it will “average up” at some point...
by Jags4186
Thu Sep 05, 2019 12:18 pm
Forum: Investing - Theory, News & General
Topic: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?
Replies: 26
Views: 1941

Re: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?

The Vanguard 500 Index Fund declined more than 21% in a single day in 1987. AFAIK there are no ETFs with more than 3X leverage, but 4X ETFs were being prepared for the market a year or so ago (though never approved by the SEC). This question is purely for my education, on how leveraged and inverse ...
by Jags4186
Thu Sep 05, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Wedding/Engagement Ring Insurance
Replies: 64
Views: 3535

Re: Wedding/Engagement Ring Insurance

Our policy was $234 in 2019 for $16k of coverage and $0 deductible. It feels like throwing money away, but if the ring were to be lost or damaged my wife would want it replaced so I keep it.
by Jags4186
Thu Sep 05, 2019 8:53 am
Forum: Personal Investments
Topic: M1 Finance
Replies: 22
Views: 1694

Re: M1 Finance

What risk are you talking about? M1 is just a trading platform. They aren’t an investment.
by Jags4186
Wed Sep 04, 2019 10:54 am
Forum: Personal Consumer Issues
Topic: Entertaining house guests
Replies: 37
Views: 3039

Re: Entertaining house guests

I have a friend from overseas visiting for a couple weeks, and I'm rapidly running out of ideas for keeping him entertained. I don't go out much, rarely have guests, and I'm in a semi-rural area. I'm trying to strike a balance between working (I work from home) and keeping him occupied. But I'm fal...
by Jags4186
Tue Sep 03, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Extended Car Warranty
Replies: 24
Views: 1550

Re: Extended Car Warranty

Don't buy insurance to cover the cost of minor inconveniences. Buy insurance to cover the cost of catastrophes that have a cost that you cannot afford to absorb. Modified it a bit. :wink: I don't agree with the modification. I can afford a new car if my car were stolen. I would rather pay an insura...
by Jags4186
Tue Sep 03, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Extended Car Warranty
Replies: 24
Views: 1550

Re: Extended Car Warranty

$4400 is a lot of broken stuff. Either a major system or many many small things. And since you only drive 8,000 miles a year, it seems very excessive. I would turn this question around the the dealer “Are you telling me this brand new Cadillac is going to have $4400 worth of mechanical problems, on ...