Search found 165 matches

by anonyvestor
Mon Oct 29, 2018 1:00 am
Forum: Personal Finance (Not Investing)
Topic: What sort of financial planner do I need for an aging relative?
Replies: 9
Views: 1082

Re: What sort of financial planner do I need for an aging relative?

Thanks for the the "realistic" responses. I think your stories are exactly what I intend to avoid. I have no illusion that I or a financial planner will supervise spending. I just want to make sure they have 1 A roof/utilities. 2 Food 3 Health care (currently provided by the government) And the rest...
by anonyvestor
Sun Oct 28, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: What sort of financial planner do I need for an aging relative?
Replies: 9
Views: 1082

What sort of financial planner do I need for an aging relative?

I have an aging relative in need of financial assistance. Unfortunately they also tend to spend irresponsibly. They have never seemed very realistic with their finances, but I cannot expect them to work much longer to make ends meet. I want to support them adequately to provide security, but I also ...
by anonyvestor
Wed Jul 04, 2018 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4751

Re: Can I finance a new home abroad (Carribean)???

While I understand the dream, I think you already know this is a bad idea. This is why you hesitate. Hopefully you will recognize that the idea you would protect yourself by purchasing the home with a loan is merely an illusion.
by anonyvestor
Wed Mar 07, 2018 2:43 am
Forum: Investing - Theory, News & General
Topic: Looking for an example of a fund which has beat its index for 30 years
Replies: 93
Views: 10181

Looking for an example of a fund which has beat its index for 30 years

While I am used to hearing statements declaring how few active funds beat their index (presumably over a year) I am interested in examples of funds which have beat a major index over prolonged intervals. If the interval is sufficiently brief (e.g. one day,) I imagine nearly 50% of funds would beat t...
by anonyvestor
Mon Jan 15, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Can the Schiller P/E ratio be used for tactical allocation?
Replies: 13
Views: 1152

Can the Schiller P/E ratio be used for tactical allocation?

Can the Schiller P/E ratio be used for long-term tactical asset reallocation for the equity portion of one's portfolio? For instance, are any of you increasing your emerging market exposure while the Schiller P/E is low, with expectations that in a decade or two, you might reduce your emerging marke...
by anonyvestor
Sat Jan 13, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Preservation after an 8 year bull market
Replies: 17
Views: 2374

Re: Capital Preservation after an 8 year bull market

How much more would you be able to save in taxable for the next 18-36 months? I would plan on using that instead as part of your downpayment, to minimize capital gains of selling equities. Then sell enough equities in your taxable accounts to invest in short term bonds to pay for the difference, and...
by anonyvestor
Fri Jan 12, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 31
Views: 3790

Re: Getting father-in-law off of UBS & its 1.5% AUM fee

I hear a lot of sound cautionary advice. On the other hand, consider the following: If your in-laws have been invested with UBS for a long time, there may be a significant capital gains exposure to making a switch. It will take X years to pay off this large up-front expense. I will also acknowledge ...
by anonyvestor
Sun Jan 07, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest all right now? (1.4M, 34 yrs)
Replies: 22
Views: 4271

Re: Should I invest all right now? (1.4M, 34 yrs)

There are many mathematical arguments for lump sum investing. With enough investors, over enough time periods, average returns would be better. That being said, these arguments overlook the importance of psychology. If you lump sum invest a large part of your portfolio, but your timing proves to be ...
by anonyvestor
Sat May 06, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: Anyone subscribe to Barron's?
Replies: 17
Views: 3463

Re: Anyone subscribe to Barron's?

I tried it for a year

I enjoyed reading it, but by the end of the year it seemed repetitive, and not really actionable for my purposes.

But I still think it worthwhile to try any/most of the popular periodicals for a short time.

After all, this website can be repetitive too.
by anonyvestor
Thu Mar 09, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 27113

Re: How to Die

This article is full of opinion, but utterly devoid of facts, for which reason it is misleading.
by anonyvestor
Thu Mar 09, 2017 10:11 pm
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 32835

Re: Sitting on cash....Waiting for a crash

I understand your sentiment, but you might consider: 1. When the market drops, there will be plenty of cause for market fear, if not outright panic. If you are fearful now, how confident can you be that you will be bold then? Meanwhile, your cash stockpile may grow with additional savings, further f...
by anonyvestor
Mon Mar 06, 2017 4:06 am
Forum: Investing - Help with Personal Investments
Topic: Is this a financially viable way to use dividends over the next 40 years?
Replies: 8
Views: 1511

Re: Is this a financially viable way to use dividends over the next 40 years?

A few thoughts to consider: 1. Mandatory IRA distributions will increase each year. 2. Be prepared for a drop in value of 50% at some point. At 43 years, with the market on a record bull in, this is not unrealistic. If you access your principle to maintain your annual income during these down years,...
by anonyvestor
Sun Jan 29, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Vanguard Fund Help
Replies: 5
Views: 756

Re: Roth IRA Vanguard Fund Help

Presuming you have a distant retirement horizon, I would go with VTWSX

Once my balance was a safe distance from minimum balance requirements, and once I had some taxable investments, I would consider other tax favorable allocations.
by anonyvestor
Fri Dec 09, 2016 3:02 am
Forum: Personal Consumer Issues
Topic: Should I fill out survey evaluation of my boss?
Replies: 53
Views: 6211

Re: Should I fill out survey evaluation of my boss?

I can recall many circumstances where outspoken criticism of an idea, policy, practice or decision is appreciated - at least by some, someday. I have a hard time recalling circumstances where a critical review of an individual has been appreciated. It is clear you are hoping to have the boss replace...
by anonyvestor
Sun Nov 20, 2016 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: risk of 7 year equity or real estate returns
Replies: 2
Views: 636

risk of 7 year equity or real estate returns

As background, I have a 7/30 mortgage with a 2.5% rate, with the option of paying it off. Rather than look for advice about the pros/cons of paying off the mortgage, I am looking for proposals for an investment allocation with very low risk of significantly dropping below a 2.5% return over 7 years....
by anonyvestor
Sat Nov 05, 2016 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Discount realtor tax consequences
Replies: 3
Views: 855

Re: Discount realtor tax consequences

Per Redfin:

"7. Do I pay taxes on my Redfin commission refund?
The IRS has ruled that Redfin does not have to report commission refunds as taxable income."

This is not the same as saying it is not taxable

Hoping for further clarification.
by anonyvestor
Sat Nov 05, 2016 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Discount realtor tax consequences
Replies: 3
Views: 855

Discount realtor tax consequences

I would like to understand the tax consequences of a discount buyer's realtor refunding a portion of their commission to the buyer they represent For instance, if the seller's agreement allocates 3% to the buyer's realtor, but the buyer's realtor is committed to refunding 2% to the buyer so the agen...
by anonyvestor
Sun Oct 30, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Too Many CC's? [Credit Cards]
Replies: 35
Views: 5363

Re: Too Many CC's? [Credit Cards]

Keep in mind that each card is a potential fraud liability, they are not straightforward to close, and closing a credit account will also damage your credit score. One also amplifies the detrimental impact of missing a month's payments if you have 7 cards rather than 3. You might miss a statement in...
by anonyvestor
Sun Oct 30, 2016 11:42 am
Forum: Personal Consumer Issues
Topic: Replacing run-flat tires on BMW
Replies: 34
Views: 14356

Re: Replacing run-flat tires on BMW

I had countless flats without identifiable tire injury with traditional Continental tires on a similar BMW
Michelin were fine

Just a word of caution with your tire switch
by anonyvestor
Sat Oct 22, 2016 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Should I take mortgage loan of under 3% and invest the money?
Replies: 39
Views: 5932

Re: Should I take mortgage loan of under 3% and invest the money?

Unless you are banking on the probability of your own default, I challenge you to find a better return for your investment within a similar risk profile Taking a 2.5 % loan to invest in equities is leveraging, plain and simple. Investing in fixed income will not get you superior tax free returns. An...
by anonyvestor
Fri Oct 21, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: When have you given enough?
Replies: 65
Views: 7267

Re: When have you given enough?

I find your question rather profound. No matter what others think, you seem to be asking how much does one have to give in order to be satisfied with oneself. For me, I wish to leave as much for others, as I have received myself. A kind of pride that I have "made my own way." (When frankly, I did no...
by anonyvestor
Thu Oct 20, 2016 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Does paying off a mortgage hurt your credit score?
Replies: 24
Views: 3995

Re: Does paying off a mortgage hurt your credit score?

Thanks all,.. I am not about to let speculation about the potential impact on my credit score drive my decision about paying off my mortgage, but I still like to understand how credit scores work. I get the impression that others believe the impact would be small and short-lived. Knowledge is useful...
by anonyvestor
Wed Oct 19, 2016 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Does paying off a mortgage hurt your credit score?
Replies: 24
Views: 3995

Does paying off a mortgage hurt your credit score?

I recently bought a house, with plans to pay off the mortgage with the proceeds from selling my current house. My question is: Will my credit score be impacted if I pay off the mortgage too soon? Is there value in holding it on this basis for a minimum time period? If so, how long? I recognize this ...
by anonyvestor
Fri Sep 30, 2016 12:47 am
Forum: Investing - Theory, News & General
Topic: Anybody using Rick Ferri's "Total Economy Portfolio"?
Replies: 27
Views: 5024

Re: Anybody using Rick Ferri's "Total Economy Portfolio"?

No

25% SCV???

This sounds like chasing returns to me. Or if not, why is Rick the only one who sees it?
by anonyvestor
Fri Sep 30, 2016 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I take mortgage loan of under 3% and invest the money?
Replies: 39
Views: 5932

Re: Should I take mortgage loan of under 3% and invest the money?

Your mortgage is a very low risk investment liberating some capital for you to invest. Unfortunately, there is no investment of comparable risk where you may invest this capital. This s of course why financial institutions are willing to extend these loans. Your are trying to beat the market by leve...
by anonyvestor
Sat Sep 24, 2016 1:20 am
Forum: Personal Finance (Not Investing)
Topic: "Boglehead path" derailed
Replies: 35
Views: 9394

Re: "Boglehead path" derailed

Presuming your lifestyle is modest,... I think you need to address the $25,000 medical bills. I would explore a way to shelter assets and income - maybe holding your home in a trust, maybe a separate property arrangement with you spouse, - so that you may qualify for DSHS insurance, without losing y...
by anonyvestor
Sat Sep 24, 2016 1:05 am
Forum: Personal Consumer Issues
Topic: Minor fender bump question
Replies: 17
Views: 2281

Re: Minor fender bump question

Let's suppose I am at fault in an accident. And let's suppose police won't come because it is a minor fender bender. What happens if the other party wants my insurance information but refuses to provide his/her insurance since he/she is not at fault? Do I willingly provide my insurance information ...
by anonyvestor
Sat Sep 03, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: Part 2 of series on how frequency of checking values can impact returns
Replies: 22
Views: 3477

Re: Part 2 of series on how frequency of checking values can impact returns

While averages are interesting, I wonder if there are studies of different personality types. Some are prone to gambling, for instance, and might have a different weighted response to gain vs. loss. Others might never gamble, and deviate from average in the opposite direction. Not sure either party ...
by anonyvestor
Sat Sep 03, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help with potential lawsuit
Replies: 32
Views: 3952

Re: Help with potential lawsuit

It seems obvious the plaintiff has acquired an opportunistic personal injury attorney. My concern is that USAA may be tempted to dismiss the potential gravity of your case as a relatively low risk case, compromising your defense. Keep in mind there is likely no cap on damages. Your risk is far highe...
by anonyvestor
Wed Aug 31, 2016 2:01 am
Forum: Personal Consumer Issues
Topic: Tips and surcharges
Replies: 52
Views: 4714

Re: Do you factor mandatory surcharges into gratuity?

I would not feel obliged to pay any restaurant fees which are non-disclosed. Tipping is appreciation for good service - not a wage absolving the employer of responsibility. I can't understand why some feel the need to be friendly and supportive to individuals who work in environments that abuse thei...
by anonyvestor
Tue Aug 30, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house near church
Replies: 68
Views: 7351

Re: Buying house near church

I think there are two questions to ask. The first is easy - how do you feel about it? Obviously loud bells, etc have an impact. Or maybe there is a community you hope to join, or would rather not associate with. Or you might ask: "how would I feel if my current neighbor were replaced by a church." T...
by anonyvestor
Mon Aug 29, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: can one accurately time the purchase of one's home?
Replies: 9
Views: 1474

Re: can one accurately time the purchase of one's home?

Thanks for the replies. I am not hearing proclamations that the housing valuations are inherently balanced and self-correcting by "the market." Instead I seem to be hearing concern about irrational behaviors and practical difficulties which many individuals face when trying to time their own move. T...
by anonyvestor
Mon Aug 29, 2016 2:52 am
Forum: Personal Finance (Not Investing)
Topic: can one accurately time the purchase of one's home?
Replies: 9
Views: 1474

can one accurately time the purchase of one's home?

Some would claim various indicators (inventory trends, interest rates, employment, new construction volumes, etc.) can be used to predict the housing market. I know most on this forum abhor market timing equities, but are any of you willing to make a case why real estate (excluding rentals or commer...
by anonyvestor
Sat Jul 30, 2016 2:00 pm
Forum: Investing - Theory, News & General
Topic: Graham's Margin of Safety
Replies: 9
Views: 1349

Re: Graham's Margin of Safety

"I just don't understand how a difference in earning power can give a safety margin when it doesn't always reflect in the actual stock price"

Sooner or later price should regress to reflect fundamentals.
by anonyvestor
Sat Jul 30, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Retaining wall on neighbor's property
Replies: 69
Views: 7104

Re: Retaining wall on neighbor's property

How do you know the location of the property line? Are you presuming it is edge of the current wall? I fear that when all is well and done, your neighbor might still prove difficult, by challenging the location of the wall and property line. I would give serious thought to a survey. You may already ...
by anonyvestor
Fri Jul 29, 2016 11:54 pm
Forum: Investing - Theory, News & General
Topic: Graham's Margin of Safety
Replies: 9
Views: 1349

Re: Graham's Margin of Safety

Interesting. I am certainly not an authority, but I am trying to think this through. Let's presume there is a corporation qualifying for an aaa bond rating, named "aaa." If I am going to lend a corporation "aaa" money at x% interest, knowing there is a risk of default, then I can understand how aaa'...
by anonyvestor
Mon Jul 25, 2016 1:03 am
Forum: Investing - Theory, News & General
Topic: High Yield Junk Bonds
Replies: 51
Views: 6298

Re: High Yield Junk Bonds

http://myphotos.mypclinuxos.com/images/patrick013/defaultsbonddefaultrates2012condensed.png The above was from a study from 1981 thru 2012. Just like preferred stocks some people have better luck than others. But stats don't lie, these aggregate over 30 years. Some people made money and others took...
by anonyvestor
Sun Jul 24, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 21937

Re: How many folks choose to give inheritance to their children in unequal portions?

It does not matter what others do. I would ask oneself if you could openly explain your estate plan to your children while you are alive. Of course, (some of) your children might be so accepting that they would accept any plan you declare. Others might never be satisfied. The best thing you can do i...
by anonyvestor
Sun Jul 24, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: High Yield Junk Bonds
Replies: 51
Views: 6298

Re: High Yield Junk Bonds

http://myphotos.mypclinuxos.com/images/patrick013/defaultsbonddefaultrates2012condensed.png The above was from a study from 1981 thru 2012. Just like preferred stocks some people have better luck than others. But stats don't lie, these aggregate over 30 years. Some people made money and others took...
by anonyvestor
Sun Jul 24, 2016 11:53 am
Forum: Personal Consumer Issues
Topic: What type of new driveway should I get?
Replies: 21
Views: 3255

Re: What type of new driveway should I get?

Can anyone clarify an estimate of how many years one can expect from

1. asphalt?
2. concrete?
3. concrete pavers?
by anonyvestor
Thu Jul 07, 2016 3:25 pm
Forum: Investing - Theory, News & General
Topic: Actionable Advice: What to do if Japan happens here?
Replies: 36
Views: 4699

Re: Actionable Advice: What to do if Japan happens here?

If you are serious about this scenario, I would consider: 1 International diversification 2 Investment property - REIT - or otherwise (maybe something as simple as owning a rentable duplex) 3 Dividend rather than growth funds, especially in tax-sheltered accounts. I am sure this suggestion will invi...
by anonyvestor
Thu Jul 07, 2016 3:11 pm
Forum: Personal Consumer Issues
Topic: Trustworthy storage options for irreplaceable items?
Replies: 6
Views: 971

Re: Trustworthy storage options for irreplaceable items?

It would not address your concerns about irreplaceable items, but I wonder if a homeowner's policy can be used to cover a storage unit. A google search for "art storage facility" brought up some ideas for your memorabilia, such as: http://www.thefortress.com I wonder if you could negotiate a break i...
by anonyvestor
Thu Jul 07, 2016 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: How do realtors buy/sell their own homes?
Replies: 12
Views: 2247

Re: How do realtors buy/sell their own homes?

Thanks for the thoughtful replies to my detailed list of questions: It is interesting to attach a numerical value to an obvious bias: They wait longer and get more money. "An agent keeps her own home on the market an average of 10 days longer and sells it for an extra 3-plus percent." http://www.wir...
by anonyvestor
Thu Jul 07, 2016 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited Traditional 401k into Roth IRA
Replies: 19
Views: 2743

Re: Inherited Traditional 401k into Roth IRA

For those with the opportunity to think ahead (with one's own estate planning,) my understanding is that one can convert a 401k to an IRA and then to a Roth. Of course the tax rates would be different. We are not talking about Traditional accounts, but rather Inherited accounts. Traditional 401k ->...
by anonyvestor
Thu Jul 07, 2016 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Traditional 401k into Roth IRA
Replies: 19
Views: 2743

Re: Inherited Traditional 401k into Roth IRA

For those with the opportunity to think ahead (with one's own estate planning,) my understanding is that one can convert a 401k to an IRA and then to a Roth.

Of course the tax rates would be different.
by anonyvestor
Wed Jul 06, 2016 11:56 pm
Forum: Personal Consumer Issues
Topic: Live abroad for a year?
Replies: 32
Views: 3493

Re: Live abroad for a year?

I delayed my career to do something similar. I expected resistance, but instead found only encouragement.

These opportunities are rare, the experiences unforgettable, and the perspective I gained upon my return truly invaluable.

Just do it.
by anonyvestor
Wed Jul 06, 2016 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off 15 year mortgage early vs investing. Please suggest.
Replies: 14
Views: 2169

Re: Paying off 15 year mortgage early vs investing. Please suggest.

Does your investment allocation include fixed income/bonds??? If so, consider reducing this allocation to pay off the house. I doubt you are getting better returns from a low risk (e.g Treasury) bond portfolio, and the latter has interest rate risk. If you plan to live there for a long period, the v...
by anonyvestor
Wed Jul 06, 2016 12:58 am
Forum: Investing - Help with Personal Investments
Topic: Why is everyone everywhere saying to buy gold?
Replies: 61
Views: 7442

Re: Why is everyone everywhere saying to buy gold?

"Buy gold now - everyone else is doing it!" Hmmm,... Although the fear of being left out might be familiar,... I am not seeing the reason such a statement would inspire you to buy gold, dollars, bitcoin, stocks, bonds, real estate, or groceries. I see why it might inspire you to buy a fashion statem...
by anonyvestor
Wed Jul 06, 2016 12:44 am
Forum: Personal Consumer Issues
Topic: Tag Heuer wrist watch
Replies: 24
Views: 3315

Re: Tag Heuer wrist watch

My first TAG purchased about 2000 was reliable, until one of those little glow in the dark pieces broke loose and floated around. Still runs fine. My second, purchased around 2010, is entirely mechanical. My only complaint is it runs a bit slow. Maybe lags by 3 minutes over 2-4 weeks. I'd like to th...
by anonyvestor
Tue Jul 05, 2016 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: How do realtors buy/sell their own homes?
Replies: 12
Views: 2247

How do realtors buy/sell their own homes?

How do real estate agents buy and sell their own properties? 1 Do they represent themselves in both buying and selling? 2 Do they offer one another professional courtesy on fees? 3 Do they receive their own buyer's agent fees when they buy? 4 Do "discount" realty agents use discount brokerages, and ...