Search found 15 matches

by consurfer
Fri Oct 11, 2019 2:32 pm
Forum: Personal Investments
Topic: Reduce allocations for house downpayment?
Replies: 5
Views: 414

Re: Reduce allocations for house downpayment?

Appreciate the insight, part of my reasoning is

inflation hedge - it's pretty clear the Fed is going to continue to monetize the debt to maintain asset prices

Change in laws - it's very difficult to kick someone out of a house now, much more difficult than a rental eviction.
by consurfer
Fri Oct 11, 2019 11:24 am
Forum: Investing - Theory, News & General
Topic: Anyone buying PG&E stock?
Replies: 60
Views: 5300

Re: Anyone buying PG&E stock?

Wouldn't touch it with a 10 foot pole. They need to emerge from bankruptcy by 2021 to be eligible for Federal Wildlife Recovery funds - good chance that equity goes to zero.
by consurfer
Fri Oct 11, 2019 11:20 am
Forum: Personal Investments
Topic: Reduce allocations for house downpayment?
Replies: 5
Views: 414

Reduce allocations for house downpayment?

Hello - I'm in a situation where I think I've over allocated to retirement savings and need to build a bigger nest-egg for a house down payment. Any advice would be appreciated. 36 yo - monthly income after tax and 401(k) = $4800. Assets ~ 275k in 401k IRA ROTH (mix of funds, mostly Vanguard target ...
by consurfer
Fri May 13, 2016 3:49 pm
Forum: Personal Investments
Topic: What's the play here? House downpayment for SoCal
Replies: 0
Views: 672

What's the play here? House downpayment for SoCal

I am wondering if this is a smart strategy... Looking to purchase a home in SoCal within the next 1-5 years. Flexible window because I am renting now, and the situation is comfortable. Outside of 401(k), I have some assets, cash, Vanguard CA Muni's and Vanguard Energy Fund for the downpayment. Curre...
by consurfer
Fri Jan 01, 2016 8:24 pm
Forum: Personal Investments
Topic: Savings in CA Municipal Bonds
Replies: 5
Views: 843

Savings in CA Municipal Bonds

I am contemplating moving a good portion of my cash savings (currently allocated for a downpayment on a house) into CA Tax-Exempt Muni Bonds.

I understand that as interest rates rise bonds go down, but I can't see interest rates substantially rising this year. Thoughts?
by consurfer
Thu Jun 25, 2015 3:46 pm
Forum: Investing - Theory, News & General
Topic: Did 2008 change your investing strategy?
Replies: 58
Views: 8587

Re: Did 2008 change your investing strategy?

I was in my mid twenties when the crash of 2008 hit. I reduced my 401(k) contribution as the knife was falling. Mistake #1. I had an IRA with cash and equities that I took some losses to increase cash. Mistake #2. Should have maxed out the 401(k) realizing its a long term game. I also didn't re-inve...
by consurfer
Mon Jun 01, 2015 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 9394

Re: Housing Market in SoCal

Great wisdom from all, thanks Bogleheads!
by consurfer
Sun May 31, 2015 1:49 pm
Forum: Personal Investments
Topic: Fledgling Investor
Replies: 8
Views: 1028

Re: Fledgling Investor

Pay off the credit cards ASAP. I'd recommend signing up for a way-to-save or acorns, where every purchase they round up the transaction or transfer a dollar from checking account and put into a savings account.
by consurfer
Thu May 28, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 9394

Re: Housing Market in SoCal

Married soonish, kids up in the air. Not really a main goal for either of us. That's the other issue is quality of school districts, A few miles and the prices ranges double. Most of the elementary schools are similar for performance but some of the middle / high-schools in lower-cost areas are abso...
by consurfer
Thu May 28, 2015 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 9394

Re: Housing Market in SoCal

One of the benefits of CA is prop 13 which locks in your property tax rate for life, folks that bought in the 1960-70-80s hit the jackpot because they're paying property tax as if their house if valued at 100-200k when they could sell it on the market for 600-800k. That's part of the problem with CA...
by consurfer
Thu May 28, 2015 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 9394

Housing Market in SoCal

Curious to know Bogleheads opinions about the housing market in Southern California / San Diego. I'm currently renting a 2bd 1 bath house, all utilities included @ $2200. It's about 42% of net income after taxes, 401k contribution etc. Saving a little bit, but not as much as I'd like. Comparable hou...
by consurfer
Thu May 28, 2015 2:45 pm
Forum: Personal Investments
Topic: Ideas for short term investment?
Replies: 10
Views: 1342

Re: Ideas for short term investment?

I believe dividends are qualified @ 15%. It's yielding 4.5%
by consurfer
Thu May 28, 2015 2:40 pm
Forum: Personal Investments
Topic: Ideas for short term investment?
Replies: 10
Views: 1342

Ideas for short term investment?

Hello -

I just liquidated a bunch of stocks, have around 3,400$ that I am looking to invest for a short term (1-2 year horizon), allocated for a house downpayment.

I am looking at PowerShares Variable Rate Preferred ETF (VRP) as an option. Other ideas?
by consurfer
Wed May 20, 2015 6:37 pm
Forum: Personal Investments
Topic: [Rehab My Portfolio Bogleheads! ]
Replies: 3
Views: 514

Re: [Rehab My Portfolio Bogleheads! ]

Thanks. I'm going to get a hit on commissions, but I assume its a necessary cost.
by consurfer
Wed May 20, 2015 12:50 pm
Forum: Personal Investments
Topic: [Rehab My Portfolio Bogleheads! ]
Replies: 3
Views: 514

[Rehab My Portfolio Bogleheads! ]

Need some advice bogleheads, my concern is I may be over-diversified / paying too much in fees / not utilizing a tax strategy. :| 32M, soon-to-be married. Zero Debt. These are strictly retirement accounts which I hope I won't need to touch for 30 years. pre-tax IRA ~$79,000 via Fidelity - stock (AML...