Search found 377 matches

by Hogan773
Thu May 23, 2019 2:39 pm
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

Thanks Kevin and Bud I think at one point I had also rationalized that if every 3rd year I lump charitable contributions such that my mortgage interest is written off taxes, then my effective interest rate will be somewhat less than 2.75% and when rates were rising it was very conceivable that my sh...
by Hogan773
Thu May 23, 2019 8:11 am
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

So what if I put the full mortgage amount from money market to the high yield tax exempt which is distributing 3.8% or something? Then I am getting an extra 1% but I guess you will remind me that I am taking interest rate risk and some credit risk too so am I being properly compensated for that. So ...
by Hogan773
Wed May 22, 2019 3:50 pm
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

By the way I just calculated and while my original maturity date was late 2028, as I had been adding a little extra per month on the payments my actual maturity would be March 2026, so I guess my duration is around 3.5 years. So what does that tell me in terms of comparing to payoff? It is short so ...
by Hogan773
Wed May 22, 2019 3:14 pm
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

<snip> I "feel" like if I sold the Intermediate though then I would just want to replace it with some of the money market. Just feels like I might be too weighted to money market overall? Yes. Since you have 4X the mortgage in a fixed-income fund with a yield that is way below the mortgage rate, it...
by Hogan773
Wed May 22, 2019 8:13 am
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Re: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

Interesting David, I hadn't thought about duration matching. I will look to see how long I have left in the mortgage. It was a 15yr originally prob 5 years ago but I have also been paying a little extra principal every month so has been going faster I "feel" like if I sold the Intermediate though th...
by Hogan773
Tue May 21, 2019 4:59 pm
Forum: Personal Investments
Topic: Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff
Replies: 16
Views: 1227

Vanguard Tax Exempt MM vs Intermediate vs HY vs Mortgage Payoff

Hi all I currently have the following amounts in the following proportions in my taxable account (I obviously have equities too and other stuff in 401k etc - this is just in my Vanguard taxable account) X is my current mortgage balance outstanding at a rate of 2.75% 1X in Vanguard Intermediate Tax E...
by Hogan773
Sun Dec 02, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

So I ended up getting two different sets of 4 tires. First was the Blizzaks and then I got the second over the Black Friday deal In total on about 1100 in gross spending (before manufacturer and DT rebates) I got 160 in rebates just from using the DT card (and there were additional DT and mfr rebate...
by Hogan773
Mon Nov 12, 2018 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

Greenman72 wrote:
Mon Nov 12, 2018 8:20 pm
@OP - if you didn’t spend the $23/month on life insurance, what would you spend it on?
I would save it

I already am a net saver every month so I don't think I would increase my spending by $23 a month with this newfound windfall of savings
by Hogan773
Mon Nov 12, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

On the one hand, it is super cheap insurance for $500K policy, but on the other hand I don't really "need" it today. Consider that the reason the insurance is so cheap is because the actuaries have figured that the probability of payout is also similarly low. +1 I like that! I don't want those odds...
by Hogan773
Mon Nov 12, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

Term life insurance with a fixed premium over some number of years is priced such that the early years pay for the profit and additional death probability in the later years. Agree with this. It's a shame to pay the expensive early years of a level term policy and give up the cheap late years. Pric...
by Hogan773
Mon Nov 12, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

No DIY for your will or estate planning documents for your asset level. Hire competent professionals to protect your wife and children. Cheers. What should I be looking for? An estate planning attorney? A "Certified Financial Planner"? I really don't want someone who is going to want to manage my a...
by Hogan773
Sun Nov 11, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

I like these comparisons, but I gave it another thought, and I believe the statistics are total population. If you look at sub-populations and risk factors, the odds change dramatically. I would expect OP to be in a far lower risk category than the typical 1.9% middle age mortality. Presumably he's...
by Hogan773
Sat Nov 10, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

At 20 years they are simply going to end the policy. I would stop paying it. Interestingly the website shows "paid up" to 2066, and "expires" in 2066 as well. I assume that means that after the first 20 years they would jack up my rate and then let me keep paying an ever-increasing premium if I cho...
by Hogan773
Sat Nov 10, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Re: Stop paying on life insurance policy?

This is dirt cheap insurance. I would keep it. Your post actually doesn’t provide enough information for me to know your surviving family members needs or financial earnings capabilities. Age of spouse, if any, and their earnings capability, age of kids, what exactly mid to high seven figures means...
by Hogan773
Sat Nov 10, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2626

Stop paying on life insurance policy?

About 15yrs ago I got a 500K 20yr term policy. It is relatively cheap ($280 per year level premiums) I have been fortunate with job and living within my means Today I have assets (invested 65/35 in equity and bond index funds) of mid to high 7 figures, plus a house that has a mortgage of about $200k...
by Hogan773
Fri Nov 09, 2018 6:13 pm
Forum: Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4900

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by Hogan773
Mon Nov 05, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

No issue with DT/DTD or their rebate program. You'll have to evaluate if you find value in having their credit card. Last promotion added 5% for existing card holders; 10% for a new card. At this time of year, Costco and Sams Club generally offer some tires with free installation. Compare their ins...
by Hogan773
Sun Nov 04, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

Understood, but you stated "if I wanted to", hence I was under the impression you felt that churning cards, or even using a single sign-up bonus, was too much effort to be worth your time; thus I was intrigued by why this was worth it but more lucrative offers were not. I didn't realize this rebate...
by Hogan773
Sun Nov 04, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

:confused But I see the people who say you should go chase the credit card openings game. The thing is, I could do that anyway if I wanted to and I have plenty of normal spending beyond these tires. This ^^^. I spend enough on my credit cards (including monthly insurance payment, electric and gas b...
by Hogan773
Sun Nov 04, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

:confused But I see the people who say you should go chase the credit card openings game. The thing is, I could do that anyway if I wanted to and I have plenty of normal spending beyond these tires. This ^^^. I spend enough on my credit cards (including monthly insurance payment, electric and gas b...
by Hogan773
Sat Nov 03, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

So I went ahead and got the card today. I am always reminded why I keep going back to Discount Tire. Called them and after a long-ish hold (it is a Saturday and I know they are swamped) I got someone on the line. Quoted me for the tires. I asked if they matched the current Costco offer and he said o...
by Hogan773
Sat Nov 03, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

But I see the people who say you should go chase the credit card openings game. The thing is, I could do that anyway if I wanted to and I have plenty of normal spending beyond these tires. This ^^^. I spend enough on my credit cards (including monthly insurance payment, electric and gas bill, etc.)...
by Hogan773
Sat Nov 03, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

Discount Tire offers these rebates on certain holidays. I opened a Discount Tire card 4 years ago for the sole purpose of getting the extra rebate, which was something like an extra $75 or $100. It has a paltry $2,500 credit limit. When I bought it also had no interest for 6 months. Pay the minimum...
by Hogan773
Sat Nov 03, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

FWIW I am a repeat customer of Tire Rack. I just purchased a set of tires there for my car. 4x Kumho tires (this will be my 3rd set of Kumho tires, very happy with them). $430 with tax & delivery to a local Firestone auto. $68 to install at Firestone. I will get a $70 mail in manufacturer rebate an...
by Hogan773
Mon Oct 29, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 11365

Re: Becoming frugal

Don't have kids, live outside in a tent, take a shower in the local stream, make your own shampoo out of dirt, eat whatever berries you can find and supplement with more dirt or roadkill if it presents itself. You will be on the FIRE train very quickly. You will maximize your nest egg and pass it on...
by Hogan773
Mon Oct 29, 2018 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

You know I never even thought of "playing the credit card bonus game" and like I said, I have always favored simplicity. (And I was not "asking permission" from you guys, but just throwing it out there to see if there were negatives I was missing that might make me decide it wasn't worth jumping th...
by Hogan773
Mon Oct 29, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

You know I never even thought of "playing the credit card bonus game" and like I said, I have always favored simplicity. (And I was not "asking permission" from you guys, but just throwing it out there to see if there were negatives I was missing that might make me decide it wasn't worth jumping th...
by Hogan773
Mon Oct 29, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

Your FICO score will probably drop a few points to maybe 20-ish points. It will recover after 6 months to 1 year assuming you pay your balances in full every month. I play the credit card game very heavily. From my experience, a new credit card account will hurt me for up to 1 year if I am looking ...
by Hogan773
Mon Oct 29, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

I generally don't use the Discover unless there is some good 5% cash back opportunity or for something specific like price matching protection, but just keep it around just in case. Discover has already done away with of some of its card benefits, like extended warranties, and the price matching ("...
by Hogan773
Mon Oct 29, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Re: Discount Tire Credit Card - Worth Doing or Overall Foolish?

You know I never even thought of "playing the credit card bonus game" and like I said, I have always favored simplicity. (And I was not "asking permission" from you guys, but just throwing it out there to see if there were negatives I was missing that might make me decide it wasn't worth jumping thr...
by Hogan773
Mon Oct 29, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Discount Tire Credit Card - Worth Doing or Overall Foolish?
Replies: 48
Views: 3746

Discount Tire Credit Card - Worth Doing or Overall Foolish?

I am going to be in the market for two new sets of tires, and I generally end up going with Discount Tire as they have good service and match whatever deals I can drum up elsewhere I believe that this Thanksgiving they will be having a deal with multiple rebates. In addition to a regular mail in reb...
by Hogan773
Wed Oct 17, 2018 5:22 pm
Forum: Personal Investments
Topic: Tax Exempt Bond Funds - Intermediate, Long Term, High Yield
Replies: 14
Views: 1682

Re: Tax Exempt Bond Funds - Intermediate, Long Term, High Yield

The downdraft in the HY MUNI fund was so sharp and short in the GFC that it was over before it started. The downdraft in the "regular" Long Term Muni Fund was nearly the same as for the HY Muni Fund. Again, "High Yield" on the Muni fund is a lot different credit quality than a normal "High Yield Bon...
by Hogan773
Tue Oct 16, 2018 3:20 pm
Forum: Personal Investments
Topic: Tax Exempt Bond Funds - Intermediate, Long Term, High Yield
Replies: 14
Views: 1682

Re: Tax Exempt Bond Funds - Intermediate, Long Term, High Yield

I used to hold the Vanguard high yield intermediate term tax exempt bond fund. I currently hold the Vanguard intermediate term tax exempt bond fund. Here is why I switched. Remember, the bull market has been going on for about 10 years. That means a rising stock market throughout this time. The var...
by Hogan773
Tue Oct 16, 2018 10:41 am
Forum: Personal Investments
Topic: Tax Exempt Bond Funds - Intermediate, Long Term, High Yield
Replies: 14
Views: 1682

Tax Exempt Bond Funds - Intermediate, Long Term, High Yield

Hi - I have been generally sticking shorter on my bond exposure, with a lot in Tax Exempt Money Market (which I have been happy to ride up with better yields and no principal risk as rates rose). I also had a lot of the Limited Term Tax Exempt, with a 2.5yr duration. I have none in Short Term (1 yr ...
by Hogan773
Wed May 16, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Maple syrup
Replies: 59
Views: 6918

Re: Maple syrup

Costco here too. Great value at $11-14 per 32 oz depending on the time of the year. I usually buy several when they are down at 10.99
by Hogan773
Tue May 15, 2018 5:07 pm
Forum: Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 11983

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

I have high Principles too and I try to protect them
by Hogan773
Fri May 11, 2018 2:51 pm
Forum: Personal Investments
Topic: TLH questions
Replies: 12
Views: 902

Re: TLH questions

Ok I've asked this on at least one other thread and got no response. The common wisdom around here is that a transaction in a 401k can not create a wash. But based on this language: A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale y...
by Hogan773
Fri May 11, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: buying new laptops
Replies: 19
Views: 2600

Re: buying new laptops

Really like our Dell XPS13. Smallest laptop with a still very usable 13 inch screen
by Hogan773
Fri May 11, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 7559

Re: When to buy new underwear?

4900 VIEWS and 89 REPLIES to this question?

Wow, lots of lost productivity across our great Earth since this silly thread was posted :oops:
by Hogan773
Fri May 11, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2731

Re: how to figure that shoes need replacing

I'm not a fashionista but I would be laughed at if I walked into a meeting with CFO with duct tape wrapped around my shoes. This thread is interesting, but not nearly as much of a forehead-slapper as the other one "when should I buy new underwear" Sheesh! Amen. Lately this place is becoming less ab...
by Hogan773
Fri May 11, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 6597

Re: New Car Suggestions: BMW Crapping Out

If you are using the car to commute, why do you need such a big car? You already have the 4Runner, seems like another SUV would be a waste of money and gas. A Mazda 6 or Honda Accord look better than most SUVs, drive better, are cheaper and get way better mileage. New accord is 30mpg city 38 highwa...
by Hogan773
Fri May 11, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2731

Re: how to figure that shoes need replacing

I have these pair of ecco dress shoes that I wear to work on alternate days. So ~10-12 full days per month How do you figure that you need to change them and buy new ones. Sometimes my feet hurt but other days they don't. So i don't know if the feet hurting is because of shoes or because I was stan...
by Hogan773
Fri May 11, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2731

Re: how to figure that shoes need replacing

I'm not a fashionista but I would be laughed at if I walked into a meeting with CFO with duct tape wrapped around my shoes.

This thread is interesting, but not nearly as much of a forehead-slapper as the other one "when should I buy new underwear"

Sheesh!
by Hogan773
Fri May 11, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 6316

Re: Anyone buy carbon offsets when flying?

The skeptic in me thinks that whatever payment you make to "offset" will somehow not end up doing its job, but I am not one to feel guilty about my carbon footprint anyway
by Hogan773
Fri May 11, 2018 9:54 am
Forum: Personal Investments
Topic: TLH questions
Replies: 12
Views: 902

Re: TLH questions

Someone else can confirm but I believe you are right that that INDEX fund is subject to 6 month holding period for wash Otherwise I wouldn't worry about getting caught in a wash. Yes they are dissimilar but if they are in different accounts there is no practical way anyone can report this combo of t...
by Hogan773
Fri May 11, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 7297

Re: Buying new car or buying used car

I think both camps have valid points. I bought a $25k old, have been driving 20+ years, 400k miles. The money I saved just for new car is invested and gains with the stock markets. Yes, I know it is boring, but I have no problem treating a car as a transportation tool. I could pay cash for new cars...
by Hogan773
Thu May 10, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Recommendation For Shirts
Replies: 36
Views: 3332

Re: Recommendation For Shirts

We think alike. Just an FYI right now you can get the BB OCBD for $71 each if you buy three and use promo code bbstyle and sign up for or use shoprunner to get the free shipping. Don't get me wrong, I think it's a really nice shirt but at $140 I am not completely sold because I can get a MTM for $8...
by Hogan773
Thu May 10, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 7297

Re: Buying new car or buying used car

Whether someone tries to rationalize buying a new car or a used car the fact remains as documented over and over by many sources (and very easy to do yourself) that the first few years of a cars life is the highest depreciation rate. There is no doubt about this. This includes taking into account a...
by Hogan773
Wed May 09, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 7297

Re: Buying new car or buying used car

Whether someone tries to rationalize buying a new car or a used car the fact remains as documented over and over by many sources (and very easy to do yourself) that the first few years of a cars life is the highest depreciation rate. There is no doubt about this. This includes taking into account a...
by Hogan773
Wed May 09, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 97
Views: 18043

Re: Best cash-back credit card right now?

I did get an awesome scam benefit from Discover Price Protection on a Black Friday TV at Best Buy, so will likely keep the card around just for that and also in case they have some special offers and I remember to take advantage of them Note that Discover dropped their Price Protection as of Februa...