Search found 724 matches

by AZAttorney11
Sat Sep 19, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15804

Re: Coping with Megacorp rat race

Want to make a lot of money in the corporate world? Figure out how to be an excellent leader of people. Lots of posters in this thread are talking about their credentials, IQ, technical skills, and experience, but no mention of "EQ" or how they build and develop relationships with key stakeholders....
by AZAttorney11
Fri Sep 18, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5753

Re: Ring for a new girlfriend

BUBear29 wrote: Fri Sep 18, 2020 3:31 pm https://www.davidyurman.com/
I was going to post the exact same thing and then I read your post.

OP, avoid a ring for now. Get something else, anything else, but a ring at this stage.
by AZAttorney11
Wed Sep 16, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15804

Re: Coping with Megacorp rat race

Want to make a lot of money in the corporate world? Figure out how to be an excellent leader of people. Lots of posters in this thread are talking about their credentials, IQ, technical skills, and experience, but no mention of "EQ" or how they build and develop relationships with key stakeholders.
by AZAttorney11
Mon Sep 07, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12212

Re: Buying vs. Renting Principles (Sticky Thread Request)

The OP is extremely conservative, even by Boglehead standards, when it comes to purchasing a house. Could you be more specific? The 2-3x annual income is a very widely espoused standard that is very reasonable in most areas of the U.S. outside of a handful of VHCOL areas (e.g. Bay area, Seattle, Ma...
by AZAttorney11
Sun Sep 06, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12212

Re: Buying vs. Renting Principles (Sticky Thread Request)

Not a fan of this idea or the contents of the initial post at all.

The OP is extremely conservative, even by Boglehead standards, when it comes to purchasing a house.
by AZAttorney11
Fri Sep 04, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 2735
Views: 202144

Re: Small Cap Value heads Rejoice !!!

Jack Bogle, no surprise, is correct again. That is, simply stop looking for the needle in the haystack and own the haystack. It's getting comical at this point. Taylor makes a statement with lots of quotes and alleged authority, ignores contradictory evidence, and then you swoop in and tell him how...
by AZAttorney11
Thu Sep 03, 2020 7:25 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 2735
Views: 202144

Re: Small Cap Value heads Rejoice !!!

Jack Bogle, no surprise, is correct again. That is, simply stop looking for the needle in the haystack and own the haystack. It's getting comical at this point. Taylor makes a statement with lots of quotes and alleged authority, ignores contradictory evidence, and then you swoop in and tell him how...
by AZAttorney11
Thu Sep 03, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: Moving my wife's investments to Schwab?
Replies: 64
Views: 4188

Re: Moving my wife's investments to Schwab?

jimkinny wrote: Thu Sep 03, 2020 12:21 pm Who do you trust more in the case you die first: Schwab or Vanguard?
Schwab.
by AZAttorney11
Thu Sep 03, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: Moving my wife's investments to Schwab?
Replies: 64
Views: 4188

Re: Moving my wife's investments to Schwab?

We're at Schwab and love it. Fantastic service and the physical offices are a nice touch for a few reasons, including the primary reason mentioned by the OP. You should be able to do an in-kind transfer from Vanguard to Schwab. Vanguard doesn't charge for transferring out assets (ask me how I know)....
by AZAttorney11
Fri Aug 28, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4765

Re: Can we talk about the future of oil?

DoubleR wrote: Fri Aug 28, 2020 1:44 pmUtilties love solar and wind because its free fuel and you dont need many employees....its a win/win for them. Im sure Solar will get better and better.
That's not even remotely accurate.
by AZAttorney11
Tue Aug 25, 2020 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage brokers - do they have the interest to get buyer the best interest rate?
Replies: 4
Views: 527

Re: Mortgage brokers - do they have the interest to get buyer the best interest rate?

Shop around for rates. Don't ever limit your search to a single mortgage broker who has far more access to information than you do. Check out the Refi Mega Thread for a list of some popular lenders. Many will also offer great rates on purchases as well. A few that come to mind: Northpointe Bank, Pen...
by AZAttorney11
Tue Aug 25, 2020 4:26 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard hide its phone number?
Replies: 52
Views: 4471

Re: Why does Vanguard hide its phone number?

bondsr4me wrote: Tue Aug 25, 2020 4:02 pm
AZAttorney11 wrote: Tue Aug 25, 2020 3:52 pm Because they are trying to get you to use their 24/7 online chat feature instead.
they actually have this now?
No, of course not.
by AZAttorney11
Tue Aug 25, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

Fed has been trying to spark inflation for many years. It has not been very successful. Now it is targeting 2-3% inflation. If this affects bond prices and PSLDX, if at all, will be two step process 1. Inflation has to go beyond the target Fed has set. 2. Fed has to increase interest rate in respon...
by AZAttorney11
Tue Aug 25, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard hide its phone number?
Replies: 52
Views: 4471

Re: Why does Vanguard hide its phone number?

Because they are trying to get you to use their 24/7 online chat feature instead.
by AZAttorney11
Mon Aug 24, 2020 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: How much home can I afford?
Replies: 46
Views: 4153

Re: How much home can I afford?

Just to close this one off, I ended up buying a place; I will be leaving my ~350 square foot apartment that I have lived in for a decade+. Cost of the new place: Just under 2mm. Downpayment: 25% down (lets round up and say ~$500k down payment). Interest rate: 2.125% (from Wells Fargo, this rate inc...
by AZAttorney11
Tue Aug 18, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Discount vs. full-price realtor
Replies: 126
Views: 5671

Re: Discount vs. full-price realtor

A real estate agent represents the deal, not the buyer or seller, as they don't get paid unless the deal is made. A real estate agent isn't a fiduciary, and doesn't have the seller or the buyers best interest in mind at all. There will be times when the buyer and/or seller's interests overlap with ...
by AZAttorney11
Tue Aug 18, 2020 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Discount vs. full-price realtor
Replies: 126
Views: 5671

Re: Discount vs. full-price realtor

A real estate agent represents the deal, not the buyer or seller, as they don't get paid unless the deal is made. A real estate agent isn't a fiduciary, and doesn't have the seller or the buyers best interest in mind at all. There will be times when the buyer and/or seller's interests overlap with ...
by AZAttorney11
Mon Aug 17, 2020 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Discount vs. full-price realtor
Replies: 126
Views: 5671

Re: Discount vs. full-price realtor

I also think it is hilarious that some real estate agents pride themselves on being expert negotiators. The last person I want negotiating for me is a real estate agent.
by AZAttorney11
Mon Aug 17, 2020 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Discount vs. full-price realtor
Replies: 126
Views: 5671

Re: Discount vs. full-price realtor

Nothing in your original post or follow-up posts makes me think that the outcomes of the three offers you submitted would have been any different with a full priced agent. You know what would have made a material difference in your offers being accepted? More money. You may have an incompetent real ...
by AZAttorney11
Thu Aug 13, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: "Where Are the Liquid Alternative Shareholders’ Yachts?"
Replies: 64
Views: 5047

Re: "Where Are the Liquid Alternative Shareholders’ Yachts?"

Although I don't believe most liquid alts are a good investment, it's not fair to compare their performance to a stock megabull market. They are designed for diversification when stocks fail. Liquid alts didn't fail to outperform stocks, they failed to provide a positive return after expenses to th...
by AZAttorney11
Thu Aug 13, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: "Where Are the Liquid Alternative Shareholders’ Yachts?"
Replies: 64
Views: 5047

Re: "Where Are the Liquid Alternative Shareholders’ Yachts?"

Although I don't believe most liquid alts are a good investment, it's not fair to compare their performance to a stock megabull market. They are designed for diversification when stocks fail. Liquid alts didn't fail to outperform stocks, they failed to provide a positive return after expenses to th...
by AZAttorney11
Thu Aug 06, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property investing and #'s explained (why real estate can be a great investment)
Replies: 138
Views: 8984

Re: Rental property investing and #'s explained (why real estate can be a great investment)

I've looked into rentals in the Phoenix area. Single family, duplex, multi-family, etc. You name it, I've looked at it. I can't get the numbers to work. One of the issues I've encountered is that Phoenix was largely bought up by well-known investment houses when the market crashed more than a decade...
by AZAttorney11
Mon Aug 03, 2020 5:25 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 80
Views: 7714

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

Chase also charges $75 per year to add an authorized user on this card. It’s criminal. We’ll likely cancel or downgrade, and then go back to the card when things are normal and get a sign up bonus along the way. Before the pandemic, this card was a no brainer. I’m able to run about $50,000 to $75,0...
by AZAttorney11
Sun Aug 02, 2020 2:19 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 80
Views: 7714

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

Chase also charges $75 per year to add an authorized user on this card. It’s criminal. We’ll likely cancel or downgrade, and then go back to the card when things are normal and get a sign up bonus along the way. Before the pandemic, this card was a no brainer. I’m able to run about $50,000 to $75,00...
by AZAttorney11
Thu Jul 30, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: CRAZY HOT housing market. Bidders and multiple offers
Replies: 18
Views: 2450

Re: CRAZY HOT housing market. Bidders and multiple offers

Phoenix is like that right now. 12-13 bids per house. Crazy stuff. The problem here seems to be a lack of supply at lower price points. There is a ton of building going on, but that doesn't help things now. As far as the future? Who knows. Fortunately, for us, the house is paid off (and has already...
by AZAttorney11
Sun Jul 26, 2020 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Driveway On Neighbor's Land
Replies: 139
Views: 4559

Re: Land Border Issues & Aggressive Neighbor - Help Wanted Please

Did you buy title insurance? It's not entirely clear from your post above. If so, I would give formal notice to the insurance company that there is a dispute and let them sort it out with your neighbor's attorney.
by AZAttorney11
Sat Jul 25, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein interview on Rational Reminder "Praying for a bear market"
Replies: 34
Views: 6022

Re: William Bernstein Recommends The Three-Fund Portfolio

Bogleheads: Bill Bernstein, author and advisor to millionaires, recommends The Three-Fund Portfolio (without leveraging risk). If You Can Best wishes. Taylor Jack Bogle's Words of Wisdom: "The Three-Fund Portfolio will help you to develop a sound asset allocation strategy, make smart investment sel...
by AZAttorney11
Sat Jul 18, 2020 10:22 am
Forum: Personal Investments
Topic: Wells Fargo PMA increasing fees
Replies: 49
Views: 4086

Re: Wells Fargo PMA increasing fees

I recently left WellsTrade and moved to Schwab. Not only did Schwab reimburse the $95 transfer fee Wells assessed, but they also gave me a $500 transfer bonus. Customer service is far superior at Schwab. Their website and app are first rate. Lots to like about Schwab. I’d encourage those at WellsTra...
by AZAttorney11
Fri Jul 17, 2020 11:23 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

He’s making it up. You are either being deliberately obtuse or you simply do not understand the effect of expense ratios. Cute. I see I’ve hit a nerve and you’d rather not engage on the substance of the fund, its characteristics, or risk / reward profile with the others on this thread who do.
by AZAttorney11
Fri Jul 17, 2020 6:56 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

Man, people really are adverse to PSLDX. My thread I started asking about things completely unrelated to it, has become an anti-PSLDX thread. Not what I was hoping for, but should have known better. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=320333&p=5376305#p5376305 Don't be surprised if...
by AZAttorney11
Fri Jul 17, 2020 6:55 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

Don't be surprised if a fund with >1% ER, which eats away over 30% of your lifetime earnings, is not wholly supported by bogleheads. Your stubborn refusal to listen to what others have posted in response to your comments about PSLDX’s fees are telling. I don’t know if you’re being deliberately obtu...
by AZAttorney11
Fri Jul 17, 2020 5:20 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

Man, people really are adverse to PSLDX. My thread I started asking about things completely unrelated to it, has become an anti-PSLDX thread. Not what I was hoping for, but should have known better. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=320333&p=5376305#p5376305 Don't be surprised if...
by AZAttorney11
Mon Jul 13, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing new build spec house. Question about allowances
Replies: 74
Views: 4467

Re: Purchasing new build spec house. Question about allowances

Great advice from Grt2bOutdoors above. I'd be negotiating for substantially more on the allowances.
by AZAttorney11
Fri Jul 10, 2020 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Does a Car Salesperson Make on a New Car Sale?
Replies: 102
Views: 11499

Re: How Much Does a Car Salesperson Make on a New Car Sale?

I do remember an interview with a car salesman... or dealer... don't remember which... in which he said "So I sell three cars every day. And you buy one car every three years. And you think that you're going to get the better of me on a deal?" I don't know if it's true, but it convinced me. Doesn't...
by AZAttorney11
Thu Jul 09, 2020 12:59 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

The intolerance and fervent opposition to what is essentially a slightly leveraged S&P 500 index fund are comical. There appears to be a handful of posters who are total market zealots and summarily reject any thinking to the contrary. It's baffling.
by AZAttorney11
Thu Jun 25, 2020 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: How to get paid?
Replies: 26
Views: 2477

Re: Side hustle: How to get paid?

There would be absolutely no advantage to you to form an LLC. There is no tax advantage in doing so and no liability protection since you performed the work yourself. Moreover, with an LLC, you would then have to open a business bank account into which to deposit the check. Totally not necessary. A...
by AZAttorney11
Wed Jun 24, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 551
Views: 55135

Re: Why not 100% PSLDX?

I'm in! Going to invest $25,000 inside of my Roth IRA and see what happens to PSLDX 25-30 years from now.
by AZAttorney11
Tue Jun 23, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

corn18 wrote: Tue Jun 23, 2020 10:26 am He should have included #11: They will berate, belittle and bash anyone who wants to buy a $5k watch or any car other than a Camry.
And some will recommend a Tesla no matter what.
by AZAttorney11
Mon Jun 22, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

I also never got the sense that the three fund portfolio is being placed on a pedestal here. Taylor suggests it often, but that's his view and his is one voice among many--part of the diversity of opinions being expressed. I've suggested the three fund portfolio sometimes, when I felt simplicity is...
by AZAttorney11
Mon Jun 22, 2020 9:27 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

I also never got the sense that the three fund portfolio is being placed on a pedestal here. Taylor suggests it often, but that's his view and his is one voice among many--part of the diversity of opinions being expressed. I've suggested the three fund portfolio sometimes, when I felt simplicity is...
by AZAttorney11
Mon Jun 22, 2020 7:56 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

bck63 wrote: Mon Jun 22, 2020 6:34 pm I agree with number two, but for different reasons. International stocks have been a horrible investment. I stick with a two-fund portfolio, and avoid international stocks like the plague.
What will you do if international starts to outperform U.S. over the next 12, 36, or 60 months?
by AZAttorney11
Mon Jun 22, 2020 7:53 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

Agreed. #6 & #7 Entrepreneurs and Real Estate businessman are underrepresented. But, MMM and “Bigger Pockets” is a mine field with quicksand and cow dung, and hair brain schemes and myths, amidst the jewels of real life success and mature business wisdom. Bogleheads is a zillion times better. It’s ...
by AZAttorney11
Mon Jun 22, 2020 7:52 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13992

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

Some of that article is click bait-ish, but he's right about Nos. 2 and 6, and maybe about 8. The Three Fund Portfolio love affair is mind boggling. Is is a solid portfolio? Sure. Are you a degenerate gambler if you tilt or want something a little more nuanced? Not at all, but some Bogleheads, inclu...
by AZAttorney11
Wed Jun 10, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 2735
Views: 202144

Re: Investing vs. Gambling on one small corner of the market ?

Abandoning now would be akin to selling low. bubbly: It should be obvious that it was a mistake to gamble on one small corner of the market. Don't do it again. Take the advice of experts: What Experts Say About Total Market Index Funds Best wishes. Taylor Jack Bogle's Words of Wisdom : "Before the ...
by AZAttorney11
Tue Jun 09, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: How do home warranties work in regards to "existing issues" ?
Replies: 11
Views: 667

Re: How do home warranties work in regards to "existing issues" ?

I despise American Home Shield. I would never, ever do business with them again. Many years ago when I bought my first house, the seller included a home warranty from American Home Shield. I can't even type out the full story of what happened because I get so pissed off thinking about it. Long story...
by AZAttorney11
Mon Jun 08, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: When to sell low? Buffett sells entire airline stake
Replies: 81
Views: 11847

Re: When to sell low? Buffett sells entire airline stake

I was surprised when he sold the airlines. The news made me go out and buy some LUV (Southwest) and DAL (Delta). My only regret is I wish I bought more! :twisted: :moneybag :mrgreen: You too? I was also not dissuaded from buying DAL. My index holdings have really been dragging me down lately. Maybe...
by AZAttorney11
Mon Jun 08, 2020 6:55 pm
Forum: Investing - Theory, News & General
Topic: When to sell low? Buffett sells entire airline stake
Replies: 81
Views: 11847

Re: When to sell low? Buffett sells entire airline stake

I was surprised when he sold the airlines. The news made me go out and buy some LUV (Southwest) and DAL (Delta). My only regret is I wish I bought more! :twisted: :moneybag :mrgreen: You too? I was also not dissuaded from buying DAL. My index holdings have really been dragging me down lately. Maybe...
by AZAttorney11
Thu Jun 04, 2020 7:06 pm
Forum: Investing - Theory, News & General
Topic: Published Articles Recommending The Three Fund Portfolio
Replies: 13
Views: 924

Re: Three Fund or Two Fund Total Portfolio?

Taylor Larimore wrote: Thu Jun 04, 2020 7:00 pm There is more than one road to Dublin.
Agreed, Taylor. Personally, I follow the recommendations / suggestions of Ferri, Swedroe, and Bernstein who, in the right circumstances, recommend a tilt to SCV. I hope other Bogleheads consider this approach as well.
by AZAttorney11
Wed Jun 03, 2020 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6163

Re: Selling wife's 1-year old car?

I'm surprised OP hasn't suggested a gently used bicycle for his pregnant wife. Imagine the cost savings! He could pay off his vehicle even faster if his wife didn't have that pesky Mazda!