Search found 273 matches

by TinkerPDX
Wed Nov 15, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Operating agreement template?
Replies: 6
Views: 689

Re: Operating agreement template?

I have a two-member LLC taxed as an S Corp. I don't have an Operating Agreement (my state does not require one). I am now applying for a government program that requires that I submit an Operating Agreement. Are there any good templates online that I could use? Or am I being foolish and I should pa...
by TinkerPDX
Tue Nov 14, 2017 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 250
Views: 32944

Re: Why pay cash for a car?

I can understand paying off a mortgage, because rates are higher than car loans. And you wouldnt take a new loan out to invest in the market now. I am saving cash for my next car purchse. But why? Car loans are cheap. My current car is paid off and i like being debt free. Is that the best method? F...
by TinkerPDX
Wed Nov 08, 2017 12:14 am
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 10619

Re: "I took all my money out of the stock market and it feels amazing"

Levett wrote: ↑
Tue Nov 07, 2017 6:13 pm
Some odd responses.

I am happy for her.

Lev
+1

I wonder what her actual numbers are.
by TinkerPDX
Mon Nov 06, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 12148

Re: Disposable income... how?

It's not complicated - as others have answered, they're going into debt instead of saving. You're killing it. Keep it up! We're in a similar spot and I often have similar feelings. Stick with your discipline, it will pay off. I'll take earlier financial independence over a materially over-indulgent ...
by TinkerPDX
Sat Nov 04, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest my emergency fund?
Replies: 29
Views: 4901

Re: Should I invest my emergency fund?

I am still trying to figure out how much to have as an emergency fund but when I got that figured, do you think it would be a good idea to put some or all of it in TIPS or a Bond Index fund? This would be in my non-retirement account. I realize it is better to have these investments in tax sheltere...
by TinkerPDX
Fri Nov 03, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 4855

Re: How has your AA philosophy changed over the years?

First had some real money and I a) foolishly paid down a bunch of 2.625% student debt and b) invested in CDs and clean energy stocks in a taxable account because I had no idea what I was doing. At some point I learned about IRAs and opened one. Eventually found this site (and others) and learned abo...
by TinkerPDX
Thu Nov 02, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: tax law - when does mortgage need to be entered to avoid $500k interest deduction cap?
Replies: 9
Views: 1379

tax law - when does mortgage need to be entered to avoid $500k interest deduction cap?

Can any of the tax pros out there tell us when the proposed tax law (if it passes) would be effective? We are just about to purchase a home with a mortgage over $500k. Plan was to execute 1/1/18 - can we still expedite and get within the "existing mortgage" exception to the proposed $500k cap?
by TinkerPDX
Wed Nov 01, 2017 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 5556

Re: what % return do you use?

I know there are a lot of folks that are in similar situations as me. I have a good stache saved up, I have a pretty good idea of when I'll hit my magic number where I'll be FIRE, but I wonder if I'm overly optimistic. Basically, most sites you read say 7% is a fairly common number to use for retur...
by TinkerPDX
Wed Oct 25, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: NASDAQ as a significant portfolio component?
Replies: 29
Views: 2695

Re: NASDAQ as a significant portfolio component?

30 years isn't that long. Nasdaq has killed this year - beware performance chasing. Almost all of the Nasdaq stocks are also covered in sp 500: https://www.etfresearchcenter.com/tools/overlap.php?f1=Spy&f2=QQQ, and certainly in a total market fund. So it's not a question of whether to include it, bu...
by TinkerPDX
Wed Oct 25, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Critical Mass
Replies: 13
Views: 3003

Re: Financial Critical Mass

Thanks for the quote. Encouraging words for those of us a decade or three out...
by TinkerPDX
Mon Oct 23, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 24
Views: 2540

Re: Favorite HIIT Workouts

NYT's "9 minute workout" is 9 1-minute body weight exercises that I've come to like. Includes burpies, split squats, mountain climbers, body weight squats, push ups, planks, etc. each easy enough in its own, but a pretty intense little set together.
by TinkerPDX
Mon Oct 23, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 52
Views: 18393

Re: Why not just annuitize and be done with it?

You may be confusing payout for return. You could get a 6% payout over 16 years with 0% return. The 6% and 4% are not apples:apples. That said, if you want 0 longevity risk and are willing to sacrifice total (probable) income for it, annuitization of all or most of the portfolio makes sense. As for ...
by TinkerPDX
Mon Oct 23, 2017 4:33 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Do Hedge Funds Exist?
Replies: 10
Views: 1683

Re: Larry Swedroe: Why Do Hedge Funds Exist?

Isn't a hedge fund traditionally to make money in other than long positions - i.e. to be able to profit in bad markets? Of course they get beat when the market does great. Curious what that index's performance looked like on prolonged weak/bear markets.
by TinkerPDX
Sat Oct 21, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from CC company (Discover) re: current income
Replies: 31
Views: 6787

Re: Letter from CC company (Discover) re: current income

My wife's is a school teacher so her income is a matter of public record (yes, I have looked it up online to verify that) Can anyone tell me once I am their customer what are their rights to looking up information about me? I would assume they have made me agree to a broad spectrum of information g...
by TinkerPDX
Sat Oct 21, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from CC company (Discover) re: current income
Replies: 31
Views: 6787

Re: Letter from CC company (Discover) re: current income

Perhaps this info would make the other info they have about you more valuable to sell to others (and be valuable itself). Why not just ask? I do periodically get this question when logging in online. I am in a phase where income is steadily increasing and where I want more credit for the sake of low...
by TinkerPDX
Sat Oct 21, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: Indexing: capitalism at its finest
Replies: 4
Views: 740

Indexing: capitalism at its finest

Good articulation if how having most of the market owned by passive funds, far from threatening the market, actually drives efficient price discovery:

http://www.marketwatch.com/story/dont-l ... 2017-10-11
by TinkerPDX
Mon Oct 16, 2017 7:52 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 20585

Re: How does everyone keep track of your portfolio?

Google sheet w GOOFLEFINANCE function that automatically updates ETF prices, which I manually update twice a month when I buy, based on what the sheet tells me to do to maintain AA Also have a personal capital account which is moderately useful, but for calling REITs an "alternative" and for th occa...
by TinkerPDX
Wed Oct 11, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 16933

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by TinkerPDX
Tue Oct 10, 2017 9:48 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 16933

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by TinkerPDX
Tue Oct 10, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: Longterm Investing Renewable ETFs
Replies: 14
Views: 1039

Re: Longterm Investing Renewable ETFs

This is a sector bet like any other. Faithful Bogleheads oppose sector bets. If clean energy really will outperform, the market should know that, so it should be "priced in" such that there won't really be any free lunch to be had. It's therefore inconsistent with our basic principle of buying the m...
by TinkerPDX
Mon Oct 09, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Paternity/Maternity Leave & Its Influence on Career Trajectory
Replies: 23
Views: 2378

Re: Paternity/Maternity Leave & Its Influence on Career Trajectory

Struggling with this too. We get 12 weeks paid, but it's only recently expanded from 8 to 12. A few have done it. Our baby was born two weeks ago. I've committed to taking all 12 weeks, both to DW and to the boss, both for me and my family's sake, and for the sake of others at the firm (especially m...
by TinkerPDX
Wed Oct 04, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Are you investing in Emerging Market small caps?
Replies: 25
Views: 2326

Re: Are you investing in Emerging Market small caps?

I do; but it's hard to get good ETFs for this. Within my international allocation, I have 10% emerging (VWO and SCHE), 10% emerging small (EWX, higher fee than anything else I own) and 10% emerging value (or the best approximation available to me, FNDE). Not certain it's perfect or right, but it's t...
by TinkerPDX
Tue Oct 03, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 31
Views: 3773

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

I have seen lots of good suggestions here about helping some family member or another see the light of focusing on lower fees and diversification. I am always fascinated and confused by 2 things that repeatedly come up on this forum, the need people feel to directly insert themselves in the finance...
by TinkerPDX
Tue Oct 03, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having your furnace checked every year?
Replies: 58
Views: 8088

Re: Is it a waste of money having your furnace checked every year?

Maintaining the warranty. Maybe I shouldn't have taken it as true, but when we had a new, ultra HE gas furnace installed a couple years back, they said the 10-year warranty could be voided if we didn't do annual maintenance. $80/year or whatever it is to cover all the above potential risks plus that...
by TinkerPDX
Fri Sep 29, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 31
Views: 3773

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

Great thoughts from all, thanks! Have you thought about steering them toward the Vanguard Personal Advisor Services? Then it becomes "Here is a less expensive way to do what you are already doing." Rather than a "You are doing this wrong. I will show you a better way." Exactly where I'd like to get ...
by TinkerPDX
Tue Sep 19, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 31
Views: 3773

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

I have seen lots of good suggestions here about helping some family member or another see the light of focusing on lower fees and diversification. My father-in-law is a classic case of paying for poor performance; his UBS advisor charges him 1.5% (even though his portfolio is 7 figures), and has him...
by TinkerPDX
Mon Aug 21, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1372

Re: Optimizing Roth/Traditional in mixed account

I apologize if this is implied in your response, but it should be clarified that it's not worth 25% less if you are in the 25% bracket, but rather worth less based on an individual's EFFECTIVE tax rate which should be much less for most investors. So $1 in traditional may be worth 88cents in a roth...
by TinkerPDX
Sun Aug 20, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1372

Re: Optimizing Roth/Traditional in mixed account

If you will retire in a 25% tax bracket, then $4000 in a traditional account and $3000 in a Roth account will have the same after-tax value when invested the same way, so there is no advantage to holding bonds or stocks in one or the other. $3500 in an account which is half Roth would also be equiv...
by TinkerPDX
Sat Aug 19, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 20296

Re: Jobs that pay over $100,000

Rather than trying to pick a field with high salaries, he should avoid college majors and fields that are known to offer low salaries and poor prospects for advancement. Agree - not about picking a career now, but about maximizing chances for a lucrative career later, i.e., avoiding factors that wi...
by TinkerPDX
Sat Aug 19, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1372

Re: Optimizing Roth/Traditional in mixed account

If you will retire in a 25% tax bracket, then $4000 in a traditional account and $3000 in a Roth account will have the same after-tax value when invested the same way, so there is no advantage to holding bonds or stocks in one or the other. $3500 in an account which is half Roth would also be equiv...
by TinkerPDX
Thu Aug 17, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1372

Optimizing Roth/Traditional in mixed account

Assuming there's an optimization benefit of having lower expected growth investments in traditional and higher expected growth investments in Roth (which makes sense to me), what is one to do about mixed accounts? My employer 401k is at Schwab (which is generally great - I can do personally-directed...
by TinkerPDX
Tue Aug 15, 2017 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 2357

Re: How much coverage should I buy in an umbrella liability policy

Imho you want a policy with limits high enough that a settlement offer at policy limits will end a lawsuit, thus protecting your assets. $2mm (plus any applicable auto, homeowners, etc) is going to do that in almost all cases. Exception is high-value damages (high earner death, extreme pain and suff...
by TinkerPDX
Tue Aug 15, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 2357

Re: How much coverage should I buy in an umbrella liability policy

You want a policy with limits high enough that a settlement offer at policy limits will end a lawsuit, this protecting your assets. $2mm (plus any applicable auto, homeowners, etc) is going to do that in almost all cases. Exception is high-value damages (high earner death, extreme pain and suffering...
by TinkerPDX
Mon Aug 14, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can we slow down then retire?
Replies: 25
Views: 5001

Re: Can we slow down then retire?

Long time lurker and We have been waiting to post this as our financial situation has recently changed considerably. Due to somewhat unfortunate circumstances we have inherited about $300k that made our assets jump considerably and I now wonder if we can retire sooner than later. Our numbers are as...
by TinkerPDX
Thu Aug 03, 2017 12:13 am
Forum: Personal Consumer Issues
Topic: Best "investment tip" I have gotten from Bogleheads
Replies: 58
Views: 13372

Re: Best "investment tip" I have gotten from Bogleheads

Commuter bike > parking, 2nd car, gym membership (and, of course, rush hour traffic)

Iron > sending shirts to cleaner (usually do it while watching a show, so negligible time cost)
by TinkerPDX
Wed Jul 26, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]
Replies: 29
Views: 5491

Re: Stocks just got cheaper... per Vanguard

I wouldn't worry about VG being very prompt and good about fund analytics projections. They only do backward looking earnings, do a fairly conservative handling of 0 and negative earnings and are not very prompt at updating the numbers. There are other sources which specialize in this stuff. The on...
by TinkerPDX
Tue Jul 25, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: Time, not material goods, 'raises happiness'
Replies: 38
Views: 5246

Re: Time, not material goods, 'raises happiness'

Reminds me of a story: I was on the beach fishing when a man approached me and asked why I was only using one line. Why would I use more, I asked. Told me if I used two or three, I might catch enough fish that I could sell them and buy a boat. Why would I want a boat, I asked. Told me with a boat, I...
by TinkerPDX
Wed Jul 19, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]
Replies: 29
Views: 5491

Re: Stocks just got cheaper... per Vanguard

I wouldn't worry about VG being very prompt and good about fund analytics projections. They only do backward looking earnings, do a fairly conservative handling of 0 and negative earnings and are not very prompt at updating the numbers. There are other sources which specialize in this stuff. The on...
by TinkerPDX
Sun Jul 16, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: gaming the mortgage interest deduction
Replies: 18
Views: 3002

Re: gaming the mortgage interest deduction

Your parents would have to be OK paying income tax on the higher level of interest income from the higher interest rate. This one's an obvious answer I didn't realize I was looking for, as even if we could pass muster with a different rate than we'd otherwise use, our marginal tax rates won't be di...
by TinkerPDX
Sun Jul 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: gaming the mortgage interest deduction
Replies: 18
Views: 3002

gaming the mortgage interest deduction

We are preparing to purchase a home from my in-laws, and they will owner-finance. It occurred to me that the payments to them over the term of the mortgage could be identical for different combinations of purchase price and interest rate -- i.e., we could purchase it for X at Y%, or at some price<X,...
by TinkerPDX
Sun Jul 09, 2017 11:27 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 77
Views: 8027

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

The way you are posing the question is backwards (IMO) The logical starting position for investors is to start with market cap weighted stocks. That is called the world stock index. Then you tilt (if desired) in favor of or away from certain sectors (energy, technology, financial whatever) or facto...
by TinkerPDX
Wed Jul 05, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Landlording....
Replies: 12
Views: 2026

Re: Landlording....

There is probably an organization in your jurisdiction that offers forms updated for current law on notice and eviction that you can buy for a few bucks. Worth making sure you do it right, as the law generally favors tenants.
by TinkerPDX
Sun May 21, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?
Replies: 52
Views: 5858

Re: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?

I automatically reinvest dividends ...Automatic dividend reinvestment is efficient and eliminates decision making (dithering). Reinvestment =Compounding growth of investment. I latched on and never looked back. Via reinvestment,Compounding will do the heavy lifting of the portfolio. I do now aren't...
by TinkerPDX
Sun May 21, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 9695

Re: Lawyers charging for asking about fees

There are plenty of wonderful lawyers in this world. But, broadly, lawyers have earned their reputation. No sense in arguing. One strategy: "Of course, I'm happy to pay your bill, in full and on time. As soon as I receive it, I'll leave a review for you online." 8-) Best site for advice about legal...
by TinkerPDX
Sun May 21, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 9695

Re: Lawyers charging for asking about fees

I bill for time spent solving client problems/advancing client objectives at a client's request. Whether this lawyer was doing that can't be said from the limited information you provided.
by TinkerPDX
Sat Apr 29, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Benefits and methods for Gradual Rebalancing
Replies: 57
Views: 5602

Re: Benefits and methods for Gradual Rebalancing

We do smaller transactions and as such pay less percentage based transaction costs. Some possible disadvantages: Sounds to me like more transaction costs. If you're paying a %, there's no benefit to more transactions. If you're paying a per-trade fee, more transactions = less fees. Best to have all...
by TinkerPDX
Thu Apr 27, 2017 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating commercial lease- advice
Replies: 12
Views: 1384

Re: Negotiating commercial lease- advice

Everything is negotiable.

Likely worth engaging a broker and/or attorney.
by TinkerPDX
Fri Apr 14, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: The Fool Price
Replies: 8
Views: 1910

Re: The Fool Price

DW and I go back and forth on this. I think that price is an important factor in whether to make any purchase, and sales/discounts change the price, so should therefore impact the decision. DW doesn't think you should ever buy anything because it's on sale/discounted--which to me means you shouldn't...