Search found 2247 matches

by Jags4186
Mon Aug 20, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Cheapest Home Insurance ?
Replies: 16
Views: 1376

Re: Cheapest Home Insurance ?

Just go to a broker every year. It’s basically 1 or 2 emails and they do all the work for you. They’ll present you with 3 or 4 options based upon coverages you requested and go from there. I resisted going to a broker thinking I could do it better myself, but no, I can’t. There are over 100 insuranc...
by Jags4186
Sun Aug 19, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: The problem with 'saving receipts' for future qualified HSA withdrawals
Replies: 19
Views: 1473

Re: The problem with 'saving receipts' for future qualified HSA withdrawals

I too don’t bother keeping receipts. I download all of my EOBs at the end of the year and will roll the dice if I get audited 30 years down the line. If I get away with it then great if not, the HSA is just an IRA.
by Jags4186
Sun Aug 19, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 137
Views: 9830

Re: Remind me (again) how real estate isn't a GREAT investment?

It’s very simple. Real estate CAN be a great investment and it CAN be a crappy one. Just like investing in stocks, bonds, or anything else. I believe one of the big reasons people enjoy investing in real estate is that there is significant sums of money moving back and forth on a monthly basis. It f...
by Jags4186
Sat Aug 18, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 75
Views: 3257

Re: physics/math major looking for programmer/analyst job?

Unless he’s passionate about coding I wouldn’t have went that route with his background. He could look for employment in consulting, industry sales, logistics, manufacturing (plant management, not line worker). Things that require someone with smarts but not necessarily hard skills. At my prior comp...
by Jags4186
Fri Aug 17, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Relative Short on Money
Replies: 91
Views: 6818

Re: Elderly Relative Short on Money

Two options I would consider: Invest age appropriately, have her withdraw 4%, your family and your brother in laws family make up the difference every month. Invest age appropriately. Let MIL withdraw what she needs every month, when the money runs out make up the difference. I think option 1 is the...
by Jags4186
Thu Aug 16, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 30
Views: 1857

Re: Time for new phone, Buy or Lease?

Another disadvantage of the lease is that if you forget about it you continue paying the lease payment indefinitely without lowering he payoff amount—say you wait 24 months before upgrading. There was an article about Sprint talking about how this is part of the strategy.
by Jags4186
Thu Aug 16, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5760

Re: House Value & Mortgage as a Percentage of Net Worth

I love these threads. A few things to point out: While renting is less risky than buying, some of the things KF points out as advantages for renting are not necessarily advantages, or at least, not disadvantages of buying For example: If you lost your job and needed to move to a less expensive rent...
by Jags4186
Thu Aug 16, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5760

Re: House Value & Mortgage as a Percentage of Net Worth

I love these threads. A few things to point out: While renting is less risky than buying, some of the things KF points out as advantages for renting are not necessarily advantages, or at least, not disadvantages of buying For example: If you lost your job and needed to move to a less expensive renta...
by Jags4186
Thu Aug 16, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: Mistake done [Europe - Have you ever regretted a trade that you made?]
Replies: 11
Views: 1201

Re: Mistake done [Europe - Have you ever regretted a trade that you made?]

You lost 25 basis points. That is, you lost 0.25% or one quarter of one percent in value. Okay, but realize the whole premise of investing is putting 100 percent of your capital at risk in the desire for future capital appreciation. What does it mean to be “at risk”? It means placing your money/cap...
by Jags4186
Thu Aug 16, 2018 6:32 am
Forum: Personal Finance (Not Investing)
Topic: What do you do with your interest from your ER fund?
Replies: 10
Views: 982

Re: What do you do with your interest from your ER fund?

I have two accounts that don’t pay interest beyond $20,000. I get about $75/mo from each account. I bill pay out the interest.
by Jags4186
Wed Aug 15, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Mid life financial help
Replies: 3
Views: 552

Re: Mid life financial help

Currently, I'm 43, with a mix of American funds, a Roth IRA and 3 life contracts (Annunities). My concern is that the annuities are a bad investment, and cost me way to much in annual premiums and obfuscated fee structures that I still can't find out. My advisor say's it's proprietary info. I expre...
by Jags4186
Wed Aug 15, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33444

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

That was a conceit that died with Augustus, I think? They called the ruler "Emperor" and he was appointed by his predecessor or by the Army. In the Eastern Roman Empire, he was elevated as a God (in some provinces, at any rate). People were still proud of having come from patrician/ Senatorial orig...
by Jags4186
Tue Aug 14, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Return Protection: Citi Doublecash
Replies: 12
Views: 1236

Re: Return Protection: Citi Doublecash

I am not sure if you have a question or you just giving us heads up about the bank practices, but I personally have 2 opposite experiences with Citi Card. 1- I disputed an amount, and the chat representative immediately honored the amount (probably the bank ate it since it was small amount) 2- I tr...
by Jags4186
Tue Aug 14, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33444

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

You can take this logic and apply as granularly as you’d like it. Why invest in Int’l when US has performed so well? Why invest in the TSM when and when Mid Cap and Small cap have outperformed large cap for decades? Why invest in Mid Cap and Small Cap Blend when Mid Cap and Small Cap value have outp...
by Jags4186
Tue Aug 14, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4599

Re: Marriage [How should finances be handled?]

Combine. It just makes life less complicated. For a first marriage if you’re not willing to combine I don’t know why you’re getting married.
by Jags4186
Mon Aug 13, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2823

Re: Should I Do This? [borrow from relative to pay off loan]

You owe approximate $12,000 on this car still. How quickly can you pay that off? If you take the relatives money the urgency to repay goes away. If you hunker down and pay it off in the next 12 months you’ll avoid $1000s in interest.
by Jags4186
Mon Aug 13, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Best placement for Small Cap Value? Taxable, Roth or 403b7?
Replies: 21
Views: 1347

Re: Best placement for Small Cap Value? Taxable, Roth or 403b7?

That does not make sense to me. Stocks allow you to defer gains. I would rather sell a taxable investment after 20 years and pay 15% capital gains tax rate rather than sell a tax-deferred investment after 20 years and pay a 33% income tax rate (my current rate). You’re missing the point. For you to...
by Jags4186
Mon Aug 13, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Best placement for Small Cap Value? Taxable, Roth or 403b7?
Replies: 21
Views: 1347

Re: Best placement for Small Cap Value? Taxable, Roth or 403b7?

Tax deferred accounts (including Roth) are always better for all investments from a tax perspective. Really? So instead of paying taxes at capital gains rates (for stocks), I should pay tax at my marginal income tax rate when I take the money put? Assuming you are in the same tax bracket or lower o...
by Jags4186
Sun Aug 12, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1320

Re: Unlocked iPhone on eBay or Amazon?

You can buy a new iPhone 6S from Cricket for $299. https://www.cricketwireless.com/cell-ph ... -gray.html

Will work on ATT as well without unlocking or anything.
by Jags4186
Sun Aug 12, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5643

Re: how much car can we afford?

Looks like you can buy pretty much anything you want. Share pictures! Although I would just say that I think the new Accords are much nicer than the current gen 3-series.
by Jags4186
Fri Aug 10, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4563

Re: Should I pay 6000.00 to repair wife's car....

rebellovw - Can you please supply the make and model of the car? Otherwise, there's not much to go on and we can't help you further. Sure - why not. 2010 VW New Beetle Convertible. That car in excellent condition with 14,000 miles on KBB is worth at maximum $9780 private sale. So no, I would not sp...
by Jags4186
Fri Aug 10, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3171

Re: Is your monthly expense really that stable or in reality, pretty volatile?

You do a yearly budget and divide it by 12. Then you accrue money in months where you have lower expenses and have it to spend in months with higher expenses. It's impossible to account for everything--you never know when you're going to fall and break your wrist or if you engine is going to blow up...
by Jags4186
Fri Aug 10, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for a downpayment on a house. Help?!
Replies: 15
Views: 955

Re: Saving for a downpayment on a house. Help?!

yes. Ally is at 1.8% right now. how much is 20%? we'd feel good with $100K downpayment likely. your home is only 500K? in NYC metro...... Easily possible--we just bought a home NYC Metro, 3br 1.5ba 1500sqft for $469k. As long as OP looks in a town that does not have a midtown direct train he will h...
by Jags4186
Fri Aug 10, 2018 2:43 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4563

Re: Should I pay 6000.00 to repair wife's car....

Personally, I would fix the door with the $250 fix you did last time, potentially fix the ignition problem, and then sell the car to CarMax. As long as it holds out long enough to get through the inspection you should be fine. I would not spend $6000 to repair an 8 year old car. Then again, I'm one ...
by Jags4186
Fri Aug 10, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Use cash to pay off low interest student loans and car or downpayment for house?
Replies: 23
Views: 1022

Re: Use cash to pay off low interest student loans and car or downpayment for house?

Pay off all the loans, put the remaining $2800 towards your emergency fund (if you don't have it) or throw it in your Roth IRA. Change your 401k plan to the max. Start saving for a house, although, unless you expect your income to rapidly increase making $120 - $130k is not enough to buy a home anyw...
by Jags4186
Thu Aug 09, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7685

Re: Should I tell my family/friend that they are making a financial mistake?

No and I don't even really give advice even requested. I might point to a few books, or more ideally, Bill Bernstein's If You Can . 1) Most people don't read, and those that do but know nothing of investing or personal finance do not want to read about it. The shorter the better. 2) People who come ...
by Jags4186
Thu Aug 09, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage question
Replies: 20
Views: 1766

Re: Mortgage question

As most have noted there is no best answer. Either you value liquidity or you don't Either you save the excess money or you don't I think most people are served best by not having a mortgage once they retire. In retirement most people want as little fixed expenses as possible and as much discretiona...
by Jags4186
Thu Aug 09, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Best HSA
Replies: 60
Views: 5978

Re: The Best HSA

I guess I'm lucky. My employer's HSA is at HSA bank, my company pays all the fees, and each two week period I transfer over $265.35 to my TD linked account and buy commission free ETFs. I keep $0 on the HSA bank side.
by Jags4186
Thu Aug 09, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help me design a strategy to buy this house!
Replies: 5
Views: 491

Re: Help me design a strategy to buy this house!

You can put in an offer to buy the house contingent on selling your current home first. You put your home on the market, when it sells you can pull the trigger on his home. If your home will sell in a week I don't see why this is all that complicated?
by Jags4186
Wed Aug 08, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5323

Re: Employer will not indemnify me cause I am retired

You could always apply for a job... :shock:
by Jags4186
Wed Aug 08, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: Selling old car with Airbag light on
Replies: 9
Views: 716

Re: Selling old car with Airbag light on

Private sale of the car falls under caveat emptor. You have no duty to disclose and if they choose to buy a car with an airbag light on that’s their prerogative. What if the light went 30 seconds after the deed was swapped? Would you take it back?
by Jags4186
Wed Aug 08, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on final house negotiations
Replies: 35
Views: 2035

Re: Advice needed on final house negotiations

OP, Either you want the house or you don’t. $20k is a lot of money but it also isn’t in the grand scheme of things. The second you buy the house you’ve lost money because it costs you 6% to list the home with a realtor, thousands in closing costs, and no matter who buys the house there will be thing...
by Jags4186
Wed Aug 08, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 178
Views: 26230

Re: "Millionaire Next Door" Net Worth Formula

Also because of the linear nature of the formula it’s extremely difficult to be a PAW at a young age and much easier to be a PAW at an older age. My household is 30% above the AAW level. That means we are far off from being a PAW. I’d be curious how many 32 year olds with a household income of $175k...
by Jags4186
Wed Aug 08, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: HELP!!!!! Need to find documentation of index superiority
Replies: 32
Views: 2687

Re: HELP!!!!! Need to find documentation of index superiority

Contrarian view: Don't be involved with your friends' finances. When the market tanks and their index funds go through the floor they'll blame you.
by Jags4186
Wed Aug 08, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2664

Re: SPG rewards....sucks?

Starpoints were incredibly valuable because of the flexibility they provided. Now they're Marriott points which also are very good, you just need roughly 3x of them to do similar things. Fortunately it's much easier to earn Marriott points than Starpoints. All the hotel points systems provide roughl...
by Jags4186
Wed Aug 08, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1255

Re: What (simple) desktop to buy

Since he has a laptop and he wants a desktop you'll also need to buy a monitor, mouse, keyboard. I'd recommend getting an all in one.

Try something like this: https://www.newegg.com/Product/Product. ... -_-Product
by Jags4186
Wed Aug 08, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Absolute vs percentage saving
Replies: 21
Views: 2305

Re: Absolute vs percentage saving

$48k/yr could be enough, it could not be. There are a few things to consider: Are you paying off student loans? While not really savings, once the payoff happens you will be able to reallocate those funds to savings. What would that increase your savings rate to? Where are you in life? If at 34 and ...
by Jags4186
Wed Aug 08, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Better investments than the stock market?
Replies: 13
Views: 2146

Re: Better investments than the stock market?

ROI of spending $150,000 to go to Yale Law School or Harvard Business School will likely be greater than investing the $150,000 in the stock market and seeing what happens. The ROI is also probably just as good if the option is going to medical school and becoming a doctor, and just stopping at unde...
by Jags4186
Wed Aug 08, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5323

Re: Employer will not indemnify me cause I am retired

I’d quit and find a better committee to be part of.
by Jags4186
Tue Aug 07, 2018 6:24 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 23523

Re: Invest in Tesla?

So who is willing to pour $70B into Tesla right now? Is there a timeline for this? Lastly, when will the shareholder vote take place? This whole thing is very weird and erratic. the word on the street is: Saudis That's a lot of cheddar even for the Saudis. Nah it’s not. They have a $2 trillion sove...
by Jags4186
Tue Aug 07, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 23523

Re: Invest in Tesla?

I hope it goes private so there are no more posts about investing in the company.
by Jags4186
Mon Aug 06, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Cost of ownership of buying Model 3 vs keeping my M235i.
Replies: 50
Views: 2925

Re: Cost of ownership of buying Model 3 vs keeping my M235i.

If you want a new expensive car and you can afford it, go ahead and get a new expensive car. It's kind of like a really in shape person saying "I want to eat dessert but I'm watching my figure, should I have ice cream or cake?" Neither choice is optimal, but you likely won't be harmed by either choi...
by Jags4186
Sun Aug 05, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: How best to make this trade
Replies: 1
Views: 207

How best to make this trade

Hello all. I have $65,000 in VTRIX Vanguard Internationals Value Fund in a IRA. I want to move to Vanguard High Yield International Fund because it had a stronger value tilt which is what I’m looking for. Here’s the rub, the mutual fund version of the High Yield fund has a 0.25% purchase and redempt...
by Jags4186
Sat Aug 04, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 90
Views: 13266

Re: If everybody indexed, the only word you could use is chaos, catastrophe

Isn’t the risk that everyone indexes the same thing, not that everybody indexes? I own the TSM index but I also own small cap value index. When I put money into SCV index I am creating demand for a portion of stocks. Same thing when someone buys the SP500–they are creating demand for that subset of ...
by Jags4186
Sat Aug 04, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: QM in front of mutual fund
Replies: 5
Views: 260

Re: QM in front of mutual fund

It's just the name of the fund it doesn't mean anything.
by Jags4186
Fri Aug 03, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for adult son with no medical insurance - emergency room visit...
Replies: 15
Views: 1615

Re: Advice for adult son with no medical insurance - emergency room visit...

When I went to college there was a separate student health center from the university hospital. The student health center was free. Maybe University if Arizona has something similar?
by Jags4186
Fri Aug 03, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: Dental implant in Tijuana
Replies: 37
Views: 3747

Re: Dental implant in Tijuana

I understand the cost savings, but in the event something goes wrong wouldn’t you rather be fighting with someone in the US rather than Mexico?
by Jags4186
Thu Aug 02, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 4461

Re: Which diet soda pop do you enjoy?

Coke Zero
Diet Mug Cream Soda
by Jags4186
Thu Aug 02, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6037

Re: Co - signed a Mortage, Now wants out

Your options are refinance or sell and pay off loan. This is why you don’t co-sign. Hope they keep paying.