Search found 550 matches

by AZAttorney11
Fri Sep 13, 2019 8:54 am
Forum: Personal Investments
Topic: UPRO Proshares S&P ETF 3-4x return of S&P?
Replies: 14
Views: 3894

Re: UPRO Proshares S&P ETF 3-4x return of S&P?

achen9291 wrote:
Sun Dec 27, 2015 9:09 pm
I'm glad I didn't buy into this!
Really? You would’ve made a small fortune.
by AZAttorney11
Wed Sep 04, 2019 7:31 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6854

Re: First-hand experiences with United Basic Economy for families?

in what world is that remotely fair? You are saving to the tune of $80/ticket, yet you offer $50/seat to someone who has presumably also had to pay $80 extra to get that specific seat (if the other person was also in basic economy, no big deal, as s/he just pocketed $50, but if s/he had to pay for ...
by AZAttorney11
Wed Sep 04, 2019 6:46 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6854

Re: First-hand experiences with United Basic Economy for families?

I don't understand why it is so hard for some people to say no. I've been asked to give up my seat before, and I simply decline. I'm not talking about elderly, disabled, or special needs passengers, but by regular passengers who didn't get two seats together, preferred the aisle, suffered from claus...
by AZAttorney11
Wed Sep 04, 2019 6:42 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 6854

Re: First-hand experiences with United Basic Economy for families?

I'm traveling with 2 adults and 3 small children (ages 4 through 6) soon. I can save $400 or more by choosing Basic Economy instead of Regular Economy. These are the downsides of Basic Economy: --No carry-on bags: no problem. I hate bags anyway. --No re-schedule or refunds: I'm willing to take the ...
by AZAttorney11
Wed Sep 04, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Re: Refinance Mega Thread

Question? If you refinance, is there good chance due to new appraisal property taxes will rise more than if not refinancing? Because I can see that happening and completely negating the refi. I doubt it. I would think that the only people who see the appraisal are the bank and the buyer. Agree. I'v...
by AZAttorney11
Tue Sep 03, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Re: Refinance Mega Thread

Great thread. Verdian CU has 2.875% for 15 years as of last Friday. They are based in Iowa. Seems they do service out of state around Iowa. I'm going to talk with them today. What's the best way to search for the rates? Stumbled upon above by Googling. Aimloan, Costco, Rocketmortgage are not compet...
by AZAttorney11
Mon Sep 02, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Re: Refinance Mega Thread

For those unsure if a refi makes sense, the Mortgage Professor's website has a few excellent calculators that make the decision quite simple.

https://www.mtgprofessor.com/Calculator ... lator.html
by AZAttorney11
Mon Sep 02, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Re: Refinance Mega Thread

I'm in the middle of a refi. Have not closed yet Current: 30 year 3.375% start 2013--Provident Funding Agreed refi terms: 15 year 2.75%-APR 2.87%-LoanDepot Provident would only go to 3%, would go lower but with crazy points. I'll be happy to update when close. What are the closing costs / lender fe...
by AZAttorney11
Mon Sep 02, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Re: Refinance Mega Thread

I have a question: what’s a lender credit? Also - If this is going to be a Mega Thread :P it might be helpful to some of us if you included a little background info related to how you were able to obtain these loans. What were the lender’s requirements regarding things like minimum credit score; lo...
by AZAttorney11
Sun Sep 01, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3934

Refinance Mega Thread

There are lots of posts about refinancing and finding the best deals, so let's create one mega thread where those posters searching for the best refi deals have multiple data points. I'll start. We recently refinanced a 30 year fixed rate mortgage (6 years in) at 3.875% to a 15 year fixed rate mortg...
by AZAttorney11
Sun Sep 01, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: My new car buying experience.
Replies: 60
Views: 15840

Re: My new car buying experience.

Never lose track that your total cost = Monthly x Months. Research a fair price. Calculate taxes, typical fees, and subtract your down payment. That's your total fair cost. Get pre-approved for the lowest rate you can. Go to an Auto Loan Calculator Website and calculate your Fair Monthly payment fo...
by AZAttorney11
Thu Aug 29, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trust beneficiary is “unbanked”
Replies: 28
Views: 1930

Re: Trust beneficiary is “unbanked”

So... what happens when I as the trustee, following terms of the trust, send a check in a five or six figure amount? How do they cash it? Will a bank allow her to open an account? Will creditors seize it? Will government care agencies claw the new resources back? What practical, although unlikely t...
by AZAttorney11
Thu Aug 29, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 619
Views: 58746

Re: Why are you NOT buying rental properties?

I've thought about it, but the market in my city is brutally competitive with hedge funds, private equity funds, and sophisticated groups of small time investors who are no longer small time. Finding "good deals" isn't as easy as it once was. I'm not handy and have no desire to learn how to be handy...
by AZAttorney11
Thu Aug 29, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Trust beneficiary is “unbanked”
Replies: 28
Views: 1930

Re: Trust beneficiary is “unbanked”

Trust beneficiary is an adult who does not adult well. Over the past year, I have sent checks for relatively small amounts (in the couple of thousand range) and they are cashed at what looks like “check cashing places”. Beneficiary is unbanked, and although I have not dug into their financial histo...
by AZAttorney11
Thu Aug 29, 2019 3:55 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 154
Views: 10521

Re: My favorite Boglehead posters

HEDGEFUNDIE and market timer. Whether you agree with their approach / perspective is irrelevant. They have provided some of the most thought-provoking posts on this forum and both take the time to respond and engage in constructive dialogue.
by AZAttorney11
Wed Aug 28, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Purchasing a truck - thoughts?
Replies: 105
Views: 6332

Re: Purchasing a truck - thoughts?

Best non-HD full sized truck is the Chevy Silverado Crew Cab. Best small truck is a Toyota Tacoma.

Toyota hasn't innovated or done much with the Tundra. It's a dog compared to the competition in the full size category.
by AZAttorney11
Mon Aug 26, 2019 11:50 am
Forum: Personal Finance (Not Investing)
Topic: What do you think about this $4M house idea?
Replies: 103
Views: 7366

Re: What do you think about this $4M house idea?

The OP's username seems inconsistent with this thread.

As others have said, this is a dreadful deal for you.
by AZAttorney11
Fri Aug 23, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Shopping for Title Insurance
Replies: 4
Views: 292

Re: Shopping for Title Insurance

Lately, there have been several threads about refinancing and a discussion of interest rates, paying points versus not paying points, fixed versus adjustable, 15 vs 30 years, negotiating the interest rate based on a relationship discount, etc. But one thing I haven't noticed is posters encouraging ...
by AZAttorney11
Fri Aug 23, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Shopping for Title Insurance
Replies: 4
Views: 292

Shopping for Title Insurance

Lately, there have been several threads about refinancing and a discussion of interest rates, paying points versus not paying points, fixed versus adjustable, 15 vs 30 years, negotiating the interest rate based on a relationship discount, etc. But one thing I haven't noticed is posters encouraging o...
by AZAttorney11
Sun Aug 18, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help confirm the best mortgage options
Replies: 8
Views: 691

Re: Help confirm the best mortgage options

Use the mortgage professor’s website. It has everything you need for this situation. The layout is dated, but the calculators are amazing.
by AZAttorney11
Sat Aug 17, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Selective Colleges
Replies: 335
Views: 17632

Re: Selective Colleges

70 something posts and not near enough discussion on the importance of “EQ” / interpersonal skills, work ethic, or the ability to lead people. The most “successful” executives I know have those qualities in spades. Those qualities are more important than IQ or pedigree. Assuming one is smart enough,...
by AZAttorney11
Fri Aug 16, 2019 9:01 pm
Forum: Investing - Theory, News & General
Topic: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'
Replies: 101
Views: 10383

Re: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'

Fraud is certainly possible, as we saw with Enron, and it is possible to get massive fraud past the auditors. Arthur Anderson signed off on Enron's financial statements and now no longer exists as an auditing firm though the consulting arm of their business lives on. Hard to believe that under thre...
by AZAttorney11
Thu Aug 15, 2019 4:37 pm
Forum: Investing - Theory, News & General
Topic: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'
Replies: 101
Views: 10383

Re: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'

This is awesome. Good for Culp. https://www.cnbc.com/2019/08/15/ge-ceo-larry-culp-bought-companys-stock-after-fraud-accusation.html General Electric CEO Larry Culp bought nearly $2 million worth of the company’s stock after Madoff whistleblower Harry Markopolos called the conglomerate “a bigger frau...
by AZAttorney11
Thu Aug 15, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'
Replies: 101
Views: 10383

Re: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'

This news created a buying opportunity for some: https://www.cnbc.com/2019/08/15/stanley-druckenmiller-says-he-bought-ge-stock-during-plunge-thursday-believes-ceo-culp.html Hedge fund manager Stanley Druckenmiller said he bought General Electric shares on Thursday during the stock’s double-digit plu...
by AZAttorney11
Tue Aug 13, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 859
Views: 45651

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Can we get a "show of hands" of those posters who are participating in this excellent adventure? I'm out (for now), but this is the most intriguing thread I've ever read on this forum (market timer's classic is a close second).
by AZAttorney11
Tue Aug 13, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: [Does Vanguard have a process for handling customer feedback?]
Replies: 24
Views: 1614

Re: Isn’t it time to stop making excuses for VG?

Vanguard offers superior products. Vanguard’s technology is horrendous. You are not required to purchase Vanguard products through Vanguard. Why not use Fidelity, Schwab, Merrill Edge, etc. and hold Vanguard securities?
by AZAttorney11
Mon Aug 12, 2019 9:04 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagor wants to sell a slice of the land. Thoughts?

Obviously, my contributions to this thread aren't going over well. Your post got me to thinking. I did buy a house with no title search or survey and it had a lean on the property. I bought my house for $1 in a divorce settlement. I did have to get the lean holder to agree to remove my ex from the ...
by AZAttorney11
Mon Aug 12, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagor wants to sell a slice of the land. Thoughts?

Obviously, my contributions to this thread aren't going over well. Your post got me to thinking. I did buy a house with no title search or survey and it had a lean on the property. I bought my house for $1 in a divorce settlement. I did have to get the lean holder to agree to remove my ex from the ...
by AZAttorney11
Mon Aug 12, 2019 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Are you refinancing now?
Replies: 73
Views: 6794

Re: Are you refinancing now?

BackOfTheNet wrote:
Mon Aug 12, 2019 2:05 pm
Locked a 15 year fixed about a week ago. 3.25% with a $4,860 lender credit. Should cover all costs plus a bit towards prepaid items.
Solid. Mind sharing who the lender is?
by AZAttorney11
Mon Aug 12, 2019 12:54 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagor wants to sell a slice of the land. Thoughts?

I am not so sure that the OP has the amount of veto power he thinks he has. Sure, if he takes the borrower to court, I am sure he can force his way. No questions there. However, the borrower can record a short plat and transfer of title without involving the OP, no problem. Just write up the approp...
by AZAttorney11
Sun Aug 11, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagor wants to sell a slice of the land. Thoughts?

I am not so sure that the OP has the amount of veto power he thinks he has. Sure, if he takes the borrower to court, I am sure he can force his way. No questions there. However, the borrower can record a short plat and transfer of title without involving the OP, no problem. Just write up the approp...
by AZAttorney11
Sat Aug 10, 2019 6:55 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagee wants to sell a slice of the land. Thoughts?

No way! They don’t own the land until they’ve fully paid for it. That's not true. The borrowers absolutely own the land, but they own it subject to a (let's hope) property perfected / recorded deed of trust. The terms of the deed of trust (and other loan and security documents) control what the bor...
by AZAttorney11
Sat Aug 10, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagee wants to sell a slice of the land. Thoughts?

I hold an owner-financed mortgage on a 30 acre piece of land, with a small house on it. Sold it 3-4 years ago, buyer (couple, 2 kids) has paid on time. They want to sell a small slice of it, 2 acres, to a neighbor. They asked if it was okay, "they didn't see anything against it in the paperwork". 1...
by AZAttorney11
Sat Aug 10, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagee wants to sell a slice of the land. Thoughts?

I hold an owner-financed mortgage on a 30 acre piece of land, with a small house on it. Sold it 3-4 years ago, buyer (couple, 2 kids) has paid on time. They want to sell a small slice of it, 2 acres, to a neighbor. They asked if it was okay, "they didn't see anything against it in the paperwork". 1...
by AZAttorney11
Sat Aug 10, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6310

Re: My mortgagee wants to sell a slice of the land. Thoughts?

If your deed of trust secures the entire property, and it sounds like it does, and if your deed of trust is written like all of the others I've seen, then your borrower is essentially asking your permission to sell your collateral and pocket the proceeds for themselves. No way, no how.
by AZAttorney11
Fri Aug 02, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 8155

Re: Extreme Anxiety with Time/Money

Thanks to the Internet, I'm obsessed with DIY. Not only that, but I absolutely hate paying anyone to do anything that I'm capable of doing myself (even with hours of obsessing and stress). I hate watching my hard-earned savings diminish. Right now, I'm maxing out retirement, have a sizable emergenc...
by AZAttorney11
Tue Jul 30, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: F150 Repair advice
Replies: 39
Views: 1907

Re: F150 Repair advice

^The Tacoma is the best small truck on the market. The Tundra, however, is a dog. It’s dated and has awful mpg. I definitely prefer the Tacoma I drive a Tacoma but figured the OP wanted a full size, so I suggested the Tundra. My friends do love their Tundras though... Pickup drivers disagreeing on ...
by AZAttorney11
Tue Jul 30, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: F150 Repair advice
Replies: 39
Views: 1907

Re: F150 Repair advice

^The Tacoma is the best small truck on the market. The Tundra, however, is a dog. It’s dated and has awful mpg.
by AZAttorney11
Tue Jul 30, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: F150 Repair advice
Replies: 39
Views: 1907

Re: F150 Repair advice

What’s the warranty on the new engine? I’d be inclined to pay the $3,000 for a new engine and drive the truck until the wheels fall off (although your F-150 seems perilously close at the moment). Is it otherwise in good shape? It’s a 2015, so it should be. Next time buy the V8 5.3L Silverado :shareb...
by AZAttorney11
Thu Jul 25, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3464

Re: First Home Purchase - Disagreement on Appraisal Contingency

0% chance I’d agree to waive an appraisal contingency as a buyer. In my market for the last few years, cash buyers above asking with no contingencies are relatively common. And assuming you (or your agent) have run comps, it would be odd for the appraisal to come back as a huge surprise. So, you co...
by AZAttorney11
Thu Jul 25, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3464

Re: First Home Purchase - Disagreement on Appraisal Contingency

0% chance I’d agree to waive an appraisal contingency as a buyer. As long as an appraisal contingency is structured in a way that ensures that the OP's LTV won't be greater than 80%, the other benefits are largely psychological. If you are putting 20% or less down, the appraisal figure is quite imp...
by AZAttorney11
Thu Jul 25, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3464

Re: First Home Purchase - Disagreement on Appraisal Contingency

0% chance I’d agree to waive an appraisal contingency as a buyer.
by AZAttorney11
Mon Jul 22, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes?
Replies: 85
Views: 9064

Re: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes

As others have said, make a lot of money.

This forum is heavily skewed towards the cost-cutting side of the equation, which is important, but maximizing your human capital to drive the top-line is often overlooked in my opinion.
by AZAttorney11
Fri May 03, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Move to South Florida or Baltimore?
Replies: 29
Views: 3086

Re: Move to South Florida or Baltimore?

Easiest question posted all day. Crab cakes notwithstanding, South Florida is the obvious choice in my opinion.
by AZAttorney11
Mon Apr 29, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 17739

Re: Whats the Point of Climbing the Corporate Ladder?

I run a $1B+ business. I work and travel some insane hours. I commute 1 hour each way to work. I have been out of the country 4 of the last 6 weeks. I have calls with China at 6AM the morning. I never miss my kids events. I take all of my vacation or close to it. I make it a point to let everyone k...
by AZAttorney11
Mon Apr 29, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 17739

Re: Whats the Point of Climbing the Corporate Ladder?

I run a $1B+ business. I work and travel some insane hours. I commute 1 hour each way to work. I have been out of the country 4 of the last 6 weeks. I have calls with China at 6AM the morning. I never miss my kids events. I take all of my vacation or close to it. I make it a point to let everyone k...
by AZAttorney11
Mon Apr 29, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 17739

Re: Whats the Point of Climbing the Corporate Ladder?

I think you're underestimating how much better "making a huge salary" is compared to just compounding. Yes, compounding is wonderful, but it's not as wonderful as making massive annual salaries. Sure, if your calculation is based on savings percentage, or NW as a multiple of salary, you're probably...
by AZAttorney11
Mon Apr 29, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 17739

Re: Whats the Point of Climbing the Corporate Ladder?

I run a $1B+ business. I work and travel some insane hours. I commute 1 hour each way to work. I have been out of the country 4 of the last 6 weeks. I have calls with China at 6AM the morning. I never miss my kids events. I take all of my vacation or close to it. I make it a point to let everyone k...
by AZAttorney11
Tue Apr 23, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 5000

Re: At what age did you buy your first first class airplane ticket?

Only business class or better for international travel, but clients are paying for that. Domestically, I’ve paid for first class tickets to Hawaii one time. I don’t know if it was a pricing error, my lucky day, or both, but first class seats were $180 more expensive per seat than the standard econom...